Business
J&K Bank board to meet this week on capital infusion plan
NEW DELHI: Jammu & Kashmir Bank on Monday said its board will meet on June 4 to consider the J-K government’s Rs 500 crore capital infusion plan.
A meeting of the board of directors will be held on Friday (June 4) to consider and discuss the proposal of capital infusion in the bank by the government of Jammu & Kashmir as its promoter shareholder to the extent of Rs 500 crore, it said in a regulatory filing.
Shares of the bank closed 0.35 per cent down at Rs 28.70 apiece on BSE.
Source link
