DCB Bank532772Banking
DCB Bank is in discussions with multiple private equity investors including Chris Capital for a capital raise
By ScoutQuest · · 1 min read
- Total capital raise approved
- 2,000 crore rupees
- Equity issuance portion
- 1,500 crore rupees
Heard on business television between 11:47:38 - 11:50:38 IST.
- DCB Bank has approved raising up to 2,000 crore rupees, including about 1,500 crore rupees via equity issuance.
- Discussions with Chris Capital and other PE investors are at a very preliminary stage.
- The size and structure of the investment are yet to be finalized.
- Live TV News Channel had reported on this earlier.
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