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Which bank recently received shareholders’ nod for Rs 4,100-crore infusion by govt? 
  • a)
    UCO Bank 
  • b)
    Indian Bank 
  • c)
    Indian Overseas Bank 
  • d)
    IDBI Bank
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Which bank recently received shareholders’ nod for Rs 4,100-cror...
Shareholders of Indian Overseas Bank (IOB) have given their approval for the issuance of 246,54,23,932 equity shares to the government of India on a preferential basis for the capital infusion of Rs 4,100 crore. The EGM was conducted through virtual mode.
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Which bank recently received shareholders’ nod for Rs 4,100-crore infusion by govt?a)UCO Bankb)Indian Bankc)Indian Overseas Bankd)IDBI BankCorrect answer is option 'C'. Can you explain this answer?
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