Indian Bank claries on news item
With reference to the news item appearing in a leading financial daily titled “Well-priced PSU issues are hot in IPO market”, wherein it is reported that “Indian Bank has filed an offer document with SEBI for raising Rs 800 crore”, Indian Bank has clarified and confirmed that, the Bank has not initiated any action for capital raising and that neither the Bank nor any of its officials has given any such statement as appeared in the newspaper. Hence, the information furnished in the news item is totally incorrect.
Tags: Indian Bank