The IPO comprises a fresh issue of up to ₹750 crore and an offer for sale aggregating up to 70.3 million shares by promoters and other shareholders. Fedbank Financial focuses on catering to the MSMEs and the emerging self-employed individual sector.
Asia stocks hold steady as more rate cuts loom
Asian stocks remained steady on Monday as investors awaited central bank meetings expected to result in two more rate cuts and key U.S. inflation data.