AU SFB, in a late evening regulatory filing on Sunday, announced its approval of the amalgamation. Post the deal announcement, Fincare's Rs...

The shareholders of Fincare Small Finance Bank will receive 579 equity shares of AU Small Finance Bank for every 2,000 shares held. The mer...

Fincare SFB applied for the IPO afresh in May. It initially filed draft papers last year but needed to refile the proposal with a fresh set...

Western Carriers had filed its draft red herring prospectus with Sebi in June. Fincare Small Finance Bank's IPO includes a fresh issue aggr...

The IPO comprises fresh issues of up to Rs 625 crore and an offer for sale (OFS) aggregating up to 1.7 crore equity shares by promoter and ...

Half-a-dozen entities in the small finance bank and microfinance space that have received approval for raising funds through initial public...

Banks and finance companies that have listed on the bourses in the past two years have mostly been let-downs for investors even as stock be...

The initial public offer (IPO) comprises a fresh issue of equity share of the bank worth Rs 330 crore and an offer for sale aggregating up ...

Unlisted shares enter trading circles only when promoters commit to private placements of their equity (to external shareholders) or when e...

If Paytm's Rs 22,000 crore IPO issue materialises, it will be the largest IPO ever in the country, eclipsing the hitherto largest issue -- ...

The company is a "digital-first" SFB with a focus on unbanked and under-banked customers, especially in rural and semi-urban areas.

Fincare SFB was one of the 10 micro finance institutions that received RBI permission to convert into a small finance bank. Under RBI norms...

The bank has raised Rs 140 crore from anchor investors by the way of allocating 4.23 crore equity shares at the price of Rs 33 per equity s...

As per central bank norms, SFBs need to have a holding company as a promoter and the bank to be listed in three years of commencement of op...