Oman India Joint Investment Fund II buys 9.9% in Capital SFB for Rs 84 cr

The current round of fundraising will help the bank deepen its penetration in Punjab and expand into Haryana, Rajasthan and NCT of Delhi, with a significant focus on MSME loans

Oman India Joint Investment Fund II (OIJIF), a mid-market private equity firm co-sponsored by State Bank of India (SBI) and State General Reserve Fund of Oman (SGRF), on Monday said it had invested Rs 84 crore for a 9.90 per cent stake in Punjab-based in Capital Small Finance Bank. 

Existing Investors Amicus Capital Private Equity, Amicus Capital Partners India Fund and Pi Ventures also participated in this round. The bank also counts HDFC Life, ICICI Prudential Life and Small Industries Development Bank of India (Sidbi) among its investors. Edelweiss was the financial advisor to the bank for the transaction.

Founded by Sarvjit