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Vijaya Bank to raise 10B rupees via share issuances

Vijaya Bank plans to raise up to 10 billion Indian rupees by issuing equity shares.

The bank said July 22 that the shares may be issued through various modes, including a rights issue, qualified institutional placement and follow-on public offer, among others.

As of July 21, US$1 was equivalent to 64.39 Indian rupees.