ING Vysya to raise capital through QIB

New Delhi, Oct 8: ING Vysya Bank Ltd today said its board has approved raising capital through issue of 74 lakh equity shares to qualified institutional buyers .

It will also issue up to 60 lakh equity shares by way of preferential allotment to ING Mauritius Holdings and ING Mauritius Investment, said a statement.

However, the bank did not disclose the issue price of the offer.

UNI