Corporation Bank (BSE:532179) is planning to raise up to INR 50 billion through issuance of fresh equity shares, debt instruments on private placement basis, rights issue or through QIP in the current fiscal. The bank will seek approval from shareholders at its meeting scheduled for June 29, 2019 for raising of capital by issuance of fresh equity shares or by issuance of additional tier I or tier II capital as per Basel III guidelines, Corporation Bank said in its annual report 2018-19. The bank said it will create such number of equity shares and/or debt instruments on a private placement/public issue for investors for an amount not exceeding INR 5,000 crore in one or more tranches.