Question
SEBI has given a nod to launch an IPO to which Small
finance bank that is first to have begun operations as an SFB?Solution
Capital Small Finance Bank, the first to have begun operations as a small-finance bank, has received market regulator Securities & Exchange Board of India's (Sebi) permission for launching an initial public offer (IPO). The proposed IPO consists of a fresh issue of Rs450 crore and an offer for sale (OFS) of up to 2.41 million equity shares.
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