The retail investors’ part was subscribed 8%, non-institutional investors’ (NIIs’) portion was subscribed 20%.
The bank has appointed Sumant Kathpalia as MD, CEO for a period of two years, with effect from 24 March, 2023
Griha Pte, founded in 2012, is a private equity fund manager headquartered in Singapore and registered with MAS.
The banks will invest up to Rs 69.90 crore for 9.94% stake for each.
Analysts at IIFL Capital Services recently studied the periods of concentrated FII buying and selling from 2003 onwards and arrived at some surprising conclusions.
One-offs pertaining to the Citi Bank merger to lead to losses for the quarter.
The issue is a pure offer for sale of upto 40.06 million shares by its existing shareholders and promoters.
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