Listed Kerala bank set to raise $40 mn from PE firm
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Listed Kerala bank set to raise $40 mn from PE firm

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Listed Kerala bank set to raise $40 mn from PE firm
Credit: 123RF.com

A mid-sized listed bank based in Kerala is set to raise Rs 300 crore (about $40 million) from a private equity (PE) firm, two people privy to the development told VCCircle. Private sector lender South Indian Bank has already hired ICICI Securities as a merchant banker to facilitate its capital-raising of ......

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