“The board has constituted and authorized ‘Rights Issue Committee’ to decide detailed terms and conditions of the issue, including but not limited to deciding the payment modalities/schedule thereof, record date, timings, other terms and conditions and all other related matters,” the filing added.
Indian Bank raises deposit rates by 15 basis points
Indian Bank managing director Binod Kumar had said earlier that the bank does not have surplus liquidity as it shed Rs 10,000 crore of bulk