Syndicate Bank to Raise up to Rs 500 Crore by Issuing Shares to Staff

The Syndicate bank said it would "raise equity share capital up to Rs 500 crore by creating, granting offer, issuing and allotting up to 30,00,00,000 new equity shares of face value of Rs 10 each to the eligible employees of the bank."

from Top Business News- News18.com http://bit.ly/2VpE2Zd