India: Suryoday Small Finance Bank raises $8.2m from Gaja Capital, Kotak Life, others

India: Suryoday Small Finance Bank raises $8.2m from Gaja Capital, Kotak Life, others

Photo: Mint

Suryoday Small Finance Bank Ltd has raised 62.14 crore in equity funding through a private placement offer from five of its existing investors including Gaja Capital, private insurer Kotak Mahindra Life Insurance Co. Ltd, said a senior official at the scheduled commercial bank in an exclusive interaction.

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