Capital Small Finance Bank eyes universal banking permit, hopes to meet eligibility in 12-18 months
The bank, which has been focusing on an organic growth model, will continue to follow the model and will soon open branches in Jammu.
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The bank, which has been focusing on an organic growth model, will continue to follow the model and will soon open branches in Jammu.
Get latest articles and stories on Latest News at LatestLY. Capital Small Finance Bank on Friday fixed Rs 445-468 per share as the price band for its Rs 523-crore initial public offer opening on February 7. Latest News | Capital Small Finance Bank Fixes Rs 445-468 as Price Band for Its Rs 523-cr IPO.
The Jalandhar-headquartered bank has also plans to expand its branch network by opening 20 more branches in the northern region.
(This story has not been edited by THE WEEK and is auto-generated from a PTI
With their feet on the ground and a more diversified lending model, some of these unlisted banks are now getting ready to tap the capital markets