India: Catholic Syrian Bank pursues QIP plan to raise up to $62m

India: Catholic Syrian Bank pursues QIP plan to raise up to $62m

Kerala based-Catholic Syrian Bank (CSB) Ltd is looking to raise as much as Rs400 crore by selling shares to financial institutions, following the collapse of its plan to sell a major stake to Prem Watsa owned Fairfax Financial Holdings Ltd over differences in valuation.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter