Ujjivan SFB to raise Rs 409 crore from IFC, three insurers
60-Word AI Digest
Ujjivan Small Finance Bank plans to raise Rs 409 crore through a preferential share allotment to IFC and three insurers at Rs 64.73 per share. The bank also reported a 200% year-on-year jump in Q2 net profit to Rs 365 crore.
Key Takeaways
- Ujjivan Small Finance Bank plans to raise Rs 409 crore through a preferential share allotment to IFC and three insurers at Rs 64.73 per share.
- The bank also reported a 200% year-on-year jump in Q2 net profit to Rs 365 crore.
- Full details and original dispatch available below.
Ujjivan Small Finance Bank plans to raise Rs 409 crore through a preferential share allotment to IFC and three insurers at Rs 64.73 per share. The bank also reported a 200% year-on-year jump in Q2 net profit to Rs 365 crore.
Original Publisher Attribution
This summary was curated from Economic Times.