Andhra Bank has received nearly Rs.200 crore capital infusion from the government and in return the shareholders of the bank have agreed to allot over three crore shares on a preferential basis. The bank, in a filing to the BSE, said the recently-held extraordinary general meeting of the shareholders passed a special resolution to allot shares at Rs.66.59 a share (including a premium of Rs.56.59 a share).
Updated: December 23, 2013 22:15 IST
Andhra Bank gets Rs. 200 cr capital infusion