CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank was in news for raising Rs 550 crore from the Central Bank of Singapore, Government of Singapore and other mutual fund companies?
A
ICICI Bank
B
Equitas Small Finance Bank
C
IDFC First Bank
D
IndusInd Bank
Explanation: 

Detailed explanation-1: -Kolkata: Equitas Small Finance Bank has raised Rs 550 crore from the government of Singapore, Singapore’s central bank and a host of local mutual funds in the qualified institutional placement of equities.

Detailed explanation-2: -Vasudevan Pathangi Narasimhan is the MD and CEO of our Bank. He holds a bachelor’s degree in science (physics) from University of Madras. He is a qualified company secretary from the Institute of Company Secretaries of India.

Detailed explanation-3: -Equitas Small Finance Bank Sets Qip Issue Price At Rs 53.59 Per Share.

There is 1 question to complete.