Indian Bank to come up with FPO in Aug – Sep
Another PSU bank, Indian Bank, is planning to file for Follow-on Public Offer (FPO) with SEBI in July and seeing to hit the market in Aug - Sept. Indian Bank has earlier informed BSE that the Bank has received the approval of Government of India to raise an additional Equity Capital of Rs. crore through book-building process by its Follow-on Public Offer, comprising crore Equity Shares of Rs. 10/- each at a premium to be decided by the Bank. The…