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?

A Equitas Small Finance Bank Correct Answer Incorrect Answer
B Capital Small Finance Bank Correct Answer Incorrect Answer
C AU Small Finance Bank Correct Answer Incorrect Answer
D Ujjivan Small Finance Bank Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

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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