Bank Ipo

SBI's maiden infra bond issue for Rs 10,000 cr oversubscribed 3.27 times

10-year paper priced at 7.51%, or about 17 bps above benchmark g-sec yield

Tamilnad Mercantile Bank IPO subscribed 0.8x on first day of issue

TMB is looking to issue 15.84 million fresh shares in the IPO. At the upper end of the price band, the bank will raise Rs 832 crore and will be valued at Rs 8,314 crore

Battered by three decades of controversy, TMB looks back to the future

The storied bank hopes to put its troubles behind it with its impending IPO

Explained: Why Tamilnad Mercantile Bank management is banking on an IPO

The management of this small, conservative bank views a public issue as a means of ending a long shareholder feud and unlocking value for its next phase of growth

CSB Bank IPO: Why lender may ride the Street and be its dark horse

CSB's core strength is its concentration in Kerala and gold loans, which could also turn into its weakness in times of adversity

Govt identifies four rural banks for IPOs; public issues likely this year

Centre holds 50 per cent in RRBs while 35 per cent and 15 per cent are with concerned sponsor banks and state governments, respectively