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Utkarsh Small Finance Bank Plans ₹950 Crore Rights Issue
Utkarsh Small Finance Bank's board has approved a rights issue to raise up to ₹950 crore by issuing 67.79 crore equity shares at ₹14 each. The record date is set for October 14, 2025. The funds will support the bank's growth initiatives, strengthen its balance sheet, and meet regulatory requirements. By raising capital through this rights issue, Utkarsh SFB plans to expand lending operations, enhance financial stability, and reinforce its position in India's competitive small finance banking sector.
Companies:
- Utkarsh Small Finance Bank
Tags:
- stocks
- ipo
Upstox• By Harsh Ranjan
Explore:High Return Equity Mutual Fund
positive
Utkarsh Small Finance Bank Plans ₹950 Crore Rights Issue
Utkarsh Small Finance Bank's board has approved a rights issue to raise up to ₹950 crore by issuing 67.79 crore equity shares at ₹14 each. The record date is set for October 14, 2025. The funds will support the bank's growth initiatives, strengthen its balance sheet, and meet regulatory requirements. By raising capital through this rights issue, Utkarsh SFB plans to expand lending operations, enhance financial stability, and reinforce its position in India's competitive small finance banking sector.
Companies:
- Utkarsh Small Finance Bank
Tags:
- stocks
- ipo
Upstox• By Harsh Ranjan
Explore:High Return Equity Mutual Fund
1 min read
78 words
Utkarsh SFB approves a ₹950 crore rights issue at ₹14 per share, aiming to expand lending, boost capital, and strengthen financial stability in the small finance banking segment.
Utkarsh Small Finance Bank's board has approved a rights issue to raise up to ₹950 crore by issuing 67.79 crore equity shares at ₹14 each. The record date is set for October 14, 2025. The funds will support the bank's growth initiatives, strengthen its balance sheet, and meet regulatory requirements. By raising capital through this rights issue, Utkarsh SFB plans to expand lending operations, enhance financial stability, and reinforce its position in India's competitive small finance banking sector.
Utkarsh Small Finance Bank's board has approved a rights issue to raise up to ₹950 crore by issuing 67.79 crore equity shares at ₹14 each. The record date is set for October 14, 2025. The funds will support the bank's growth initiatives, strengthen its balance sheet, and meet regulatory requirements. By raising capital through this rights issue, Utkarsh SFB plans to expand lending operations, enhance financial stability, and reinforce its position in India's competitive small finance banking sector.
Companies:
- Utkarsh Small Finance Bank
Tags:
- stocks
- ipo
- stocks
- ipo
- economy
- market
- finance