Banking News
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Source: Economic Times
Economic Times
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Banking Sector
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4 min
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07 Sept
Published
Banking Sector
4 min read· Economic TimesSBM Bank India plans 26% stake sale, appoints consultant
SBM Bank India is considering selling a twenty-six percent stake to raise expansion funds. The bank has appointed a consultant and is currently at the Expression of Interest stage. The parent company recently infused seventy-five crore rupees and will provide more capital. SBM Bank India aims for significant credit gro…
SBM Bank India is considering selling a twenty-six percent stake to raise expansion funds. The bank has appointed a consultant and is currently at the Expression of Interest stage. The parent company recently infused seventy-five crore rupees and will provide more capital. SBM Bank India aims for significant credit gro
Source: Economic Times