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AU is one of two small financing institutions that are now qualified to apply. The other option is Ujjivan Small Finance Bank.

50% of the shares are reserved for QIBs, 15% for non-institutional investors (NII), and 35% for retail investors.

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Non-retail investors who put bids on Wednesday and prefer to carry over their unallotted bids to the next day will be able to revise them.

The agreement will make it easier to set up projects in a timely manner and to carry out surveys, investigations.

The survey also stated that there has been a significant increase in transactional activity within the credit card business.

The plant now has a capacity of 1,320 MW, but over the next few years, it will be extended to 4,520 MW in two phases of 1,600 MW each.

The notes will be redeemed by the corporation approximately eight months before they maturity.