FedFina IPO: Federal Bank revives issue plans
Fedbank Financial Services (FedFina), the non-banking financial arm of Federal Bank, has revived plans for an IPO, subject to market conditions and approvals.
Fedbank Financial Services Limited (FedFina), the non-banking financial arm of Federal Bank, has revived plans of raising funds through an initial public offering (IPO). In a BSE filing on Monday (July 17), Federal Bank announced that the board of directors of FedFina proposed an initial public offering at its meeting held on July 17, 2023.
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