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DCB Bank launches share sale to institutions | Reuters

MUMBAI Mid-sized Indian lender DCB Bank Ltd has launched a share sale to institutions, according to a stock exchange filing on Monday.

The bank has set a floor price of 177.39 rupees a share for the so-called qualified institutional placement, the filing showed.

It was not immediately known how much the bank was looking to raise from the share sale. (Reporting by Devidutta Tripathy; editing by David Clarke)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date: Apr 24, 2017 22:00 PM

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