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Board approved raising equity share capital of up to Rs 1,000 Cr through one or more QIP tranches, subject to shareholder and regulatory approvals. Context: revised lower than the earlier approved quantum, increasing dilution uncertainty.
Jammu And Kashmir Bank Approves ₹1,000 Crore QIP Capital Raise
Jammu & Kashmir Bank Q1 Advances Surge 25.5% YoY as CASA Dips