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J&K Bank raises Rs 1000 crore capital as Tier-II Bonds

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STATE TIMES NEWS

Srinagar: Jammu and Kashmir Bank on Saturday said it has raised Rs 1,021 crore as Tier-II bonds from the market as part of its efforts to strengthen its capital position.
“The issue was oversubscribed by more than 100 per cent,” J K Bank MD & CEO Baldev Prakash said. “It will not only help boost

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