Today's Top Gainer
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The QIP increases the Banks Total Capital Adequacy Ratio to 15.3%*, Core Equity Tier I Ratio to 14.3%*, enabling the Bank to remain capitalized well above the regulatory limits.
The overall allocation to domestic investors including mutual funds and insurance companies is approximately 60% with the balance allocated to foreign institutional investors in Asia and Europe.
*Post QIP Issuance considering the financial position as at September 30, 2019 (including profits for the H1FY20).
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