Hold Utkarsh SFB., target price Rs 26: ICICI SecuritiesICICI Securities recommends holding Utkarsh Small Finance Bank with a target price of Rs 26. The bank reported a net loss in the latest qua...
Utkarsh SFB Q4 Results:Net profit jumps 19% YoY to Rs 160 crore on higher total incomeThe net profit was Rs 134 crore in the year-ago period. Its operating profit was 35% higher at Rs 282 crore against Rs 208 crore in the yea...
Utkarsh Small Finance Bank Q3 profit jumps 23% YoY to Rs 116 croreThe bank's operating profit for the quarter also rose 22% at Rs Rs 256 crore against Rs 210 crore seen in the year ago period, backed by ri...
Utkarsh Small Finance Bank Q1 Results: Profit jumps 20% YoY to Rs 107 crore on lower provisionsIts net interest margin for the quarter was however lower at 9.2% as compared with 9.7% earlier. Net interest income was 21% higher at Rs 4...
Utkarsh Small Finance Bank shares gain over 90% on Day 1. Should you sell?The robust response from investors is mainly due to comfortable pricing and strong management focus towards microfinance business in the no...
Utkarsh SFB lists at 60% premiumThe stock closed at ₹48 on the NSE on Friday, which was 92% above the price at which the lender sold shares in the IPO. The company's marke...
Utkarsh SFB IPO subscribed 23.2 times so far on last day of bidding. Check GMP and other detailsAccording to market sources, the grey market premium (GMP) of Utkarsh SFB rose marginally from the previous day to Rs 17. Analysts advised ...
Utkarsh Small Finance Bank IPO subscribed 16.20 times on Day 2The retail portion of the IPO was subscribed 36.66 times, while that of NIIs was subscribed 27.72 times. The subscription for QIB category,...
Utkarsh Small Finance Bank IPO to open on July 12. 10 things to know about the public offerUtkarsh Small Finance Bank will begin its 3-day initial public offering (IPO) on July 12, with shares expected to be listed on both the exc...
Utkarsh SFB IPO: From key dates to GMP, 5 things you need to knowThe company has fixed the price band at Rs 23-25/ share and investors can bid for a minimum of 600 shares and in multiples thereafter.
Utkarsh SFB gets price right, needs to build growth bookUtkarsh Small Finance Bank (SFB) plans to raise Rs 500 crore through an issue of fresh equity to augment the capital base. The promoter Utk...
Price band for Utkarsh Small Finance Bank IPO fixed at Rs 23-25 per share. Check detailsAbout 75% of the offer is reserved for qualified institutional buyers (QIBs), 15% for non-institutional investors (NII) and the rest 10% fo...
Utkarsh Small Finance Bank IPO to open on July 12. Check detailsUtkarsh Small Finance Bank is launching an IPO of fresh issue shares worth INR500 crore ($67m) to increase its Tier 1 capital base in order...
Highest FD interest rates: These banks offer best fixed deposit rates between 8% and 9%Many banks currently offer senior citizens interest rates above 8%. When it comes to interest rates for regular citizens, however, only few...
IPO-bound Utkarsh SFB raises Rs 240 crore from six investorsThe bank pursuant to the investment agreement dated February 10 has concluded a private placement of 89,061,647 shares at Rs 27 per equity ...
Utkarsh Small Finance Bank files for Rs 1,350 crore IPOUtkarsh is one of the most profitable small finance banks in the country as of FY2020, according to a CRISIL report.
Utkarsh Micro Finance gets final nod to set up Small Finance BankIncorporated in 2009, Utkarsh Micro Finance is among the top 10 micro finance company in the country with operations in 10 states.