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Source: Economic Times

Economic Times
Source
Banking Sector
Category
4 min
Read time
07 Sept
Published
Banking Sector
4 min read· Economic Times

SBM Bank India plans 26% stake sale, appoints consultant

SBM Bank India is exploring a twenty-six percent stake sale to fund its expansion plans. The bank has appointed a consultant and is currently at the Expression of Interest stage. Parent entity has infused capital, and another infusion is expected this month. SBM Bank India aims for significant credit growth and is e…

SBM Bank India is exploring a twenty-six percent stake sale to fund its expansion plans. The bank has appointed a consultant and is currently at the Expression of Interest stage. Parent entity has infused capital, and another infusion is expected this month. SBM Bank India aims for significant credit growth and is e

Source: Economic Times