Canara Bank to raise about Rs.1,000 cr through employee stock purchase
Wednesday, June 27, 2018, 10:42 PM
Canara Bank will issue up to 6 crore equity shares to its staff to raise up to Rs.1,000 crore under employee stock purchase scheme. The bank has plans to raise Rs.7,000 crore during 2018-19. "The board has decided to raise equity share capital up to Rs.60 crore, through Canara Bank Employee Share Purchase Scheme amounting to a maximum of Rs.1,000 crore," bank said.