New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which bank has recently got SEBI’ s approval to float

    a Rs 500- crore IPO?
    A Utkarsh Small Finance Bank Correct Answer Incorrect Answer
    B Equitas Small Finance Bank Correct Answer Incorrect Answer
    C Ujjivan Small Finance Bank Correct Answer Incorrect Answer
    D AU Small Finance Bank Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ·       Utkarsh Small Finance Bank has received capital markets regulator SEBI ’ s go - ahead to raise Rs 500 - crore through an Initial Public Offering ( IPO ). The lender may consider issue of securities aggregating up to Rs 100 crore in a pre - IPO placement round . If such placement is undertaken, the fresh issue size will be reduced . Learn Along :

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