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Sunday, March 6, 2011

Karnataka Bank to raise Rs 457 cr via rights issue

Reuters / Mumbai March 4, 2011, 10:10 IST

Karnataka Bank plans to raise Rs 457 crore via rights share issue, it said in a newspaper advertisement on Friday.

The bank had earlier said its 2-for-5 rights issue at Rs 85 per share will open on March 8.



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