Tag Archives: small

Deals Buzz: Ujjivan Small Finance Bank raises capital in pre-IPO round

Mumbai: Mint brings you your dose of the top deals news, reported from newsrooms across the country Ujjivan Small Finance Bank raises capital in pre-IPO round Ujjivan Small Finance Bank has raised ₹250 crore in a pre-initial public offering (IPO) round led by India Infoline (IIFL) group’s funds, a private equity fund of Avendus Capital and Akash Bhanshali of Enam Group, Mint reported. The pre-IPO ... Read More »

Time to nudge UCBs to convert into Small Finance Banks

Punjab & Maharashtra Co-operative Bank (PMC Bank) is the latest urban cooperative bank creating panic among small depositors. Many urban cooperative banks (UCB) have folded up or consolidated into stronger banks over the past 15 years. The number of UCBs has reduced by 375 to 1,551 since early 2000 when RBI started monitoring them closely. That happened after Madhavpura Mercantile ... Read More »

9 Small but Impactful Health Habits to Lock Down in Your 20s

Your 20s can spark a rocky journey into self-sufficiency that makes it very easy (tempting, even) to put your health on the backburner. For many of us, it can feel like a hamster wheel of working and socializing and doing Big Things—while things like sleep, nourishment, and exercise fall by the wayside. (Take it from this seasoned 28-year-old.) It also doesn’t help that ... Read More »

Fitness for dummies, 10 small changes that make a huge difference to health

Let’s face it, we are bombarded with advice from all sides on how to eat healthy and exercise to stay fit or lose weight. But after the trial period, it can seem like a chore to shop for ‘superfoods’ or hit the treadmill regularly. Lifestyle changes need not always be time-consuming, or require you to splurge. Instead, you need to ... Read More »

Self Quiz: What Funding is Right for My Small Business?

Small businesses need to tread carefully when they’re looking for funding. There’s a lot of options available. Taking the time to take this 10 question self quiz will steer you toward the solution that fits your needs and budget. 10 Questions to Ask Before Applying for a Small Business Loan Do I Need the Cash Quickly? If you want to ... Read More »

Forex Trading for Your Small Business: Read These 4 Tips

There are various reasons small business owners may be interested in learning more about — or even conducting — forex trades. Businesses that are hoping to expand into foreign markets need to utilize multiple currencies, which makes employing the best exchange rates and accruing differential profits critical. You may also want to reinvest existing capital into a more liquid position to ... Read More »

5 Ways Small Businesses can Benefit from Blogging

Startups prefer online promotion over offline promotion because the former is cost-effective and yet often has shown definite results. Because blogging is the default window leading to online promotion, more and more brands are getting into it these days. For a small business on a shoestring budget, investing time and resources in blogging is a better option tha other marketing ... Read More »

Solid listing: AU Small Finance Bank ends near day’s high, up 51% over issue price

AU Small Finance Bank made a solid debut on the BSE on Monday, rising as much as 52.23 percent over its issue price of Rs 358. However, the trading on National Stock Exchange delayed by three hours due to technical glitch at the exchange. The stock closed at Rs 541.20 on the BSE, up 51.17 percent with volumes of 3.92 ... Read More »

AU Small Finance Bank IPO oversubscribed 53.5 times on stellar response

The initial public offer of AU Small Finance Bank has received an encouraging response on Friday, the final day for subscription. It got bids for more than 201 crore equity shares against issue size of 3.76 crore shares (excluding anchor investors’ reserved portion). The Rs 1,912-crore public issue has oversubscribed 53.48 times, as per data available on the exchange. The portion set ... Read More »

Subscribe to AU Small Finance Bank: HEM Securities

AU Small Finance Bank Co is a small finance bank (“SFB”) that has recently transitioned from a prominent, retail focused non-banking finance company (“NBFC”), which primarily served low and middle-income individuals and businesses that have limited or no access to formal banking and finance channels. Co received a license from the Reserve Bank of India to set up an SFB ... Read More »