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The latest update is out from Utkarsh Small Finance Bank Limited ( (IN:UTKARSHBNK) ).
Utkarsh Small Finance Bank Limited has successfully completed a Rights Issue, resulting in the allotment of 677,913,784 equity shares, which has increased the bank’s paid-up equity share capital. This strategic move, approved by the Capital Structuring and Fund Raise Committee, aims to strengthen the bank’s financial position and enhance its market presence, potentially benefiting shareholders and stakeholders by increasing the bank’s capital base.
More about Utkarsh Small Finance Bank Limited
Utkarsh Small Finance Bank Limited operates in the financial services industry, primarily focusing on providing small finance banking services. The bank offers a range of financial products and services, including savings accounts, loans, and other banking solutions, catering to a diverse customer base in India.
Average Trading Volume: 564,181
Technical Sentiment Signal: Hold
Current Market Cap: 35.45B INR
See more data about UTKARSHBNK stock on TipRanks’ Stock Analysis page.