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Reputation: 642,713  •  May 20, 2023 10:11 PM
Federal Bank eyes up to $486 million fundraising
Federal Bank eyes up to $486 million fundraising
The fundraising could be via debt or equity, or a combination of the two, with the final structure still under consideration, the banks Chief Executive Officer Shyam Srinivasan said in an interview. The capital will fund growth as Federal Bank pushes further into retail banking with plans to open about 100 branches this year, and seeks to buy a microfinance company, he added.
The Economic Times

https://economictimes.indiatimes.com/industry/banking/fin...
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