Will look at reverse merger if viable to shareholders: Utkarsh SFB MD & CEO

'During the last six years, we have created new verticals like MSME, affordable housing, and small corporates'

Utkarsh Small Finance Bank is scheduled to list on the exchanges on Friday. Govind Singh, managing director and chief executive officer of the bank, in an interaction with Manojit Saha for the Business Standard’s Banking Show, says that the capital raise will improve the capital adequacy ratio of the bank by 3-4 percentage points. Edited excerpts.

You have raised funds through a public issue even if you have a healthy capital adequacy ratio of 20 per cent. What was the reason for raising capital? Is it because of regulatory requirements?

Both are possible reasons. One being the Reserve Bank of