AU Small Finance Bank to get capital infusion of Rs 1000 cr from Temasek

AU Small Finance Bank announced that it has received its shareholders approval in an EGM held on 15 June 2018, to raise Rs 1000 crore from Temasek, a global investment company headquartered at Singapore. This is the largest primary capital infusion in AU Bank and its first ever since their last raise in fiscal 2012. Its Rs 1913 crore IPO last year was a complete Offer-for-Sale with no infusion in the bank.

Powered by Capital Market - Live News