Karnataka Bank gains 4%, hits over 15-year high on fund raising plans
The board of the private sector lender is scheduled to meet on Friday, September 22, 2023 to consider the raising of funds by issue of equity shares / any other equity linked securities.
Shares of Karnataka Bank hit over 15-year high at Rs 249.95, as they gained 4 per cent on the BSE in Wednesday’s intra-day trade in an otherwise weak market after the bank announced plans to raise fresh funds.
The board of the private sector lender is scheduled to meet on Friday, September 22, 2023 to consider the raising of funds by issue of equity shares / any other equity linked securities.
Shares of Karnataka Bank hit over 15-year high at Rs 249.95, as they gained 4 per cent on the BSE in Wednesday’s intra-day trade in an otherwise weak market after the bank announced plans to raise fresh funds.