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Corporation Bank from 59.82% to 63.33%. The Board of the Bank at its meeting held on December 20, 2013 has allotted 1,46,27,486 equity shares of Rs 10 each at a premium of Rs 297.64 a share to Government of India on a preferential basis. With this, the bank’s issued and subscribed capital has increased to 16,75,41,877 equity shares.
Posted in: Indian Market Tips
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