Lakshmi Vilas Bank launches QIP to raise Rs 600 crore

Private sector Lakshmi Vilas Bank  has launched QIP to raise over Rs 599.88 crore by issuing 4.25 crore shares in domestic or international markets.The Committee of Directors for Capital Raising of the bank, at a meeting held yesterday, approved the floor price for the QIP issue at Rs 141.15 per equity share. 

So, let’s discuss some questions related to this post:
Q1. Name the bank, which has launched QIP to raise Rs 600 crore, recently?
Ans1. Lakshmi Vilas Bank
Source-The Hindu

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