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What is the rating of utkarsh small finance bank?
| Instrument | Rating | Outlook |
|---|---|---|
| CD | ICRA A1+ | NA |
| Tier II | Care A and ICRA A | Stable |
Is utkarsh Bank under RBI?
Utkarsh Small Finance Bank Limited has commenced its operations as a small finance bank with effect from January 23, 2017. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank in India.
Is utkarsh a good bank?
Working in Utkarsh Small Finance Bank is very stressful and too much paper work in this work place. Too much work pressure in this organisation and too much pressure of work. working time is not defined. it can be more than 15 hours to work in a day.
Is it safe to invest in small finance banks?
With higher returns come higher risks. While one can invest in FDs of small finance banks, the exposure should be restricted to Rs 5 lakh as this amount is insured under the deposit insurance program of DICGC. Deposits opened with scheduled banks are protected by the deposit insurance program of DICGC.
Is Fincare listed?
Fincare is trying to bring into the banking business those people who are not yet involved in the banking business and especially the focus of FSFB is on rural and urban areas….FSFB IPO 2021 Review, Price, Form, Lot Size.
| Company Name | Fincare Small Finance Bank |
|---|---|
| Listing On | NSE, BSE |
When did Equitas go for an IPO?
Oct 20, 2020
Equitas Small Finance Bank IPO Details
| IPO Opening Date | Oct 20, 2020 |
|---|---|
| Face Value | ₹10 per equity share |
| IPO Price | ₹32 to ₹33 per equity share |
| Market Lot | 450 Shares |
| Min Order Quantity | 450 Shares |
Is utkarsh bank listed?
Utkarsh small finance bank IPO details The latest IPO by Utkarsh Small Finance Bank will be listed on both BSE and NSE.
What is the cash price range of Utkarsh small finance bank IPO?
While the face value of Utkarsh Small Finance Bank is Rs. 10, the cash price range for the Utkarsh Small Finance Bank IPO has not been announced publicly yet. The main aim of Utkarsh Small Finance Bank IPO is to raise capital. They plan to issue fresh shares that amount to Rs. 750 Crores and provide an offer of Rs. 600 Crores for sale.
What does Utkarsh small finance bank do?
Utkarsh Small Finance Bank is an SFB (small finance bank) that is headquartered in Varanasi. Utkarsh Small Finance Bank provides microfinance options to underserved or unserved segments, particularly in the states of Bihar and Uttar Pradesh. The company is spread widely across states having its presence in 18 states and union territories.
The face value of each share is Rs.10, and the cash price of the IPO is Rs. [●]. This Initial Public Issue of [●] Equity Shares of Rs.10 each for cash at a price of Rs. [●] per equity share aggregating to Rs.13,500 million.