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Friday, November 20, 2009

DCB raises Rs 81 cr through QIP issue

Development Credit Bank (DCB) today said it raised Rs 81 crore by private placement of shares with qualified buyers. After the qualified institutional placement (QIP), the promoter group’s — Aga Khan Fund of Economic Development (AKFED) — holding in DCB came down to 23.11 per cent from 26.22 per cent earlier, Development Credit Bank said in a filing with the Bombay Stock Exchange.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Thursday, Jun 19
24h Juneteenth 0
16:30 BoE MPC Vote Rate Unchanged 3 6 7 2
16:30 BoE Monetary Policy Summary 3
16:30 BoE Interest Rate Decision 3 4.25% 4.25% 4.25%
18:00 Employment Insurance Beneficiaries Change (MoM) 1 3.4% 0.3%
Friday, Jun 20
04:31 GfK Consumer Confidence 2 -20 -20
11:30 Retail Sales ex-Fuel (YoY) 2 1.8% 5.3%
11:30 Retail Sales ex-Fuel (MoM) 2 -0.5% 1.3%
11:30 Retail Sales (YoY) 2 1.7% 5.0%
11:30 Retail Sales (MoM) 3 -0.5% 1.2%
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