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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
Monday, Jul 07
07:00 ANZ Job Advertisements 1 1.8% -0.6% Revised from -1.2%
11:30 Halifax House Prices (MoM) 1 0.0% -0.4%
11:30 Halifax House Prices (YoY/3m) 1 2.5%
12:30 Foreign Currency Reserves 1 704B
21:00 3-Month Bill Auction 1 4.235%
21:00 6-Month Bill Auction 1 4.11%
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