scorecardresearchFinance ministry gives nod to regional rural banks to raise funds via IPO

Finance ministry gives nod to regional rural banks to raise funds via IPO

Updated: 16 Sep 2022, 12:50 PM IST
TL;DR.
As of now, there are 43 such banks sponsored by a dozen scheduled commercial banks with 21,892 branches nationwide
Likely to be introduced by Sebi soon, the algo framework will be based on proposals in the discussion paper floated last year

Likely to be introduced by Sebi soon, the algo framework will be based on proposals in the discussion paper floated last year