J&K Bank to raise ₹750 crore equity via QIP, ₹500 crore through tier 2 bonds

In addition, the board approved raising up to ₹500 crore via non-convertible, redeemable, unsecured, Basel III-compliant Tier 2 bonds. Shares of Jammu and Kashmir Bank Ltd ended at ₹106.40, up by ₹1.20, or 1.14%, on the BSE.

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