RBI rejects Maha Bank request to set off Rs 2,543 cr losses against share premium amount - News blog

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Monday, September 17, 2018

RBI rejects Maha Bank request to set off Rs 2,543 cr losses against share premium amount

A share premium account reflects amount in a company's balance sheet accrued from additional amount paid by shareholders that is in excess of the par value of shares issued to them.

from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/2NnNuMw
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