Bank Of Maharashtra Kicks Off Roadshows For Rs 2,500-Crore QIP

Bank of Maharashtra has kickstarted roadshows in UAE for its next equity fundraising by way of qualified institutional placements, likely to take place in the December quarter, three experts aware of the development told NDTV Profit.It is looking to dilute 4.6% stake, and end of 2025 in the third quarter may be the right time, a senior bank executive said.The nationalised bank is looking to raise up to Rs 2,500 crore through a mix of...