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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 710.80
ICICI Bank 1386.00
Axis Bank 1238.60
Kotak Mahindra Bank 441.20
Indusind Bank 869.75
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