📰 ET Markets 🟢 BULLISH 🕒 16 Oct 2026, 07:07 PM IST

Ujjivan SFB to raise Rs 409 crore from IFC, three insurers

⚡ Instant Key Takeaways (TL;DR)

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Core Development: Ujjivan SFB to raise Rs 409 crore from IFC, three insurers

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Market & Financial Impact: Ujjivan Small Finance Bank plans to raise Rs 409 crore through a preferential share allotment to IFC and three insurers at Rs 64.73 per share. The bank also reported a 200% year-on-year jump in Q2 net profit to Rs 365 crore.

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Actionable Insight: 🟢 Bullish Trigger: Positive business expansion or earnings beat may attract institutional and retail buying.

Ujjivan Small Finance Bank plans a Rs 409 crore equity raise as quarterly profit triples, supported by stronger net interest income and margins.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

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Ujjivan SFB to raise Rs 409 crore from IFC, three insurers

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