KARACHI (APP) - Silkbank Ltd has raised its paid up capital from Rs 900.315 million in 2009 to Rs 2.671 billion as on August 31. In a communique to KSE here on Monday, the bank said that the paid up capital has been raised through four allotments of rights shares worth Rs 1.871 billion. Its shareholders- Nomura Investment Japan, IFC and Bank Muscat had already given approval to recapitalization plan which will enable Silkbank to meet its capital requirements of Rs 6 billion stipulated by the State Bank of Pakistan.