New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    What amount of IPO (Initial Public Offering) has been

    issued by the Utkarsh Small Finance Bank in 2021?
    A 700 crores Correct Answer Incorrect Answer
    B 550 crores Correct Answer Incorrect Answer
    C 800 crores Correct Answer Incorrect Answer
    D 650 crores Correct Answer Incorrect Answer
    E 750 crores Correct Answer Incorrect Answer

    Solution

    The main aim of issuing IPO  by Utkarsh Small Finance Bank IPO is to raise capital. They plan to issue fresh shares that amount to Rs. 750 Crores and provide an offer of Rs. 600 Crores for sale.

    Practice Next

    Relevant for Exams: