Wednesday, June 18, 2014

'Ratnakar Bank plans IPO of up to $250 mln in 2015'

...................On how much Ratnakar is looking to raise from the listing, Ahuja said the equity dilution would depend on the growth capital needs of the bank. He said nothing had been finalised. Ratnakar Bank's share offering will be the first Indian bank listing on domestic bourses since state-owned Punjab & Sind Bank raised $105 million through an IPO in 2010, according to Thomson Reuters data..............

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