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Ola’s valuation crashes 99%; Snapchat India ad pushHappy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and more in today’s ETtech Morning Disp...
Indian brands are disrupting sneakers — one ₹5,000 pair at a time. But can they earn trust?Sneakers are now a fashion statement in India. Local brands are entering the market with competitive prices and cultural relevance. These h...
Rs 30,000 job vs Rs 75,000 earning as Mumbai auto driver: Ex-Investment banker’s normal ride turns into a lesson on successAn ex-investment banker highlighted how an auto driver's daily earnings in Mumbai could surpass entry-level corporate salaries, which often...
Utkarsh SFB attracts marquee investors in Rs 949 crore rights issueUtkarsh Small Finance Bank will raise Rs 949 crore via a rights issue, attracting top investors like Madhusudan Kela’s fund, MIT, HDFC Life...
Utkarsh Bank announces Rs 950-cr rights issue at 37.5% discountUtkarsh Small Finance Bank set its Rs 950-crore rights issue at Rs 14 per share, a 37.5% discount. The issue covers 68 crore shares amid de...
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 Small Finance Bank shares jump 4% after approving sale of NPAs worth Rs 355 croreUtkarsh Small Finance Bank plans to sell its non-performing assets and written-off loans to an asset reconstruction company. The loans amou...
Mumbai's crazy rent for a flat with washing machine above toilet: Rs 1.3 lakh/month, Rs 4 lakh deposit and brokerage extraMumbai's rising rental prices are making it difficult for many to afford housing. A peculiar example is a 2BHK flat in Pali Hill with a was...
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...
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Utkarsh Small Finance Bank lists at 60% premium over IPO priceUtkarsh Small Finance Bank's IPO received a large response from investors, with the issue being subscribed nearly 102 times at close. The s...
Utkarsh Small Finance Bank share allotment expected today. Here's how you can check statusUtkarsh Small Finance Bank's share allotment will be finalised today, with investors receiving shares on a lottery basis. They can check th...
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 Small Finance Bank IPO opens: Should you subscribe to the issue?Incorporated in 2016, Utkarsh commenced operations in 2017 and its product suite includes a range of deposit products, including saving acc...
Ahead of IPO, Utkarsh Small Finance Bank collects Rs 223 cr from anchor investorsGoldman Sachs, Massachusetts Institute of Technology Basic Retirement Plan Trust, Aditya Birla Sun Life Mutual Fund (MF), Edelweiss MF, ICI...
Utkarsh SFB fifth bank in category to be listed on boursesUtkarsh Small Finance Bank, the fifth small finance bank to be listed, has launched an initial public offer of INR5bn ($66m). The funding w...
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 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.