State Bank of Bikaner & Jaipur to raise Rs 200 Crores

State Bank of Bikaner & Jaipur has announced that the Bank has decided to raise Tier-I capital by private placement of unsecured, redeemable, non convertible IPDI - aggregating to Rs 200.00 Crores. The necessary approval have been placed before the Directors of the Board.

The stock was trading at Rs.5100, down by Rs.100 or 1.92%. The stock hit an intraday high of Rs.5110 and low of Rs.5100.

The total traded quantity was 10 compared to 2 week average of 1445.

Source : Equity Bulls

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