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Ujjivan Small Finance Bank gets nod to raise Rs 600 crore

07 Feb 2022 Evaluate

Ujjivan Small Finance Bank has received approval to raise Rs 600 crore including premium through Qualified Institutional Placement (QIP), face value of Rs 10 each. The board of directors of the bank, in its meeting held on February 05, 2022 has considered and approved the same.

Ujjivan Small Finance Bank (USFB) offers small finance to underserved & unserved segments in India. The bank aims to work for the financial inclusion of the country.

Peers
Company Name CMP
HDFC Bank 787.60
ICICI Bank 1576.50
Axis Bank 1319.85
Kotak Mahindra Bank 480.20
Indusind Bank 904.30
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