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Ujjivan Small Finance Bank Approves ₹409.04 Crore Preferential Issue

The board approved raising ₹409.04 crore through a preferential share issue, with most shares to be issued to IFC.

UJJIVANSFB

Ujjivan Small Finance Bank Ltd.’s board approved a ₹409.04 crore fundraising through a preferential share issue at the close of its meeting on Friday, October 16. Most of the shares will be issued to the International Finance Corporation (IFC). Ujjivan Small…