Allahabad Bank Ltd to raise Rs. 100 crore through private placement

Allahabad Bank Ltd has approved the raising of BASEL III compliant Additional Tier 1 Perpetual Bonds aggregating to Rs.100.00 crore through Private Placement.

Shares of ALLAHABAD BANK was last trading in BSE at Rs.67.5 as compared to the previous close of Rs. 69.05. The total number of shares traded during the day was 209456 in over 1178 trades.

The stock hit an intraday high of Rs. 69.8 and intraday low of 66.6. The net turnover during the day was Rs. 14131554.

Source : Equity Bulls

Keywords