tions, is required to go public after two more years. The Reserve Bank of India's norms require small finance banks to get listed after five years of operations.
The second person cited above said that Unity SFB is likely to be valued at more than $800-900 million. "Most small finance banks are trading at 1-1.5 times their books and, hence, that's a safe ballpark to begin with," the second person said.
Meanwhile, a banker who spoke on condition of anonymity told Mint that the NBFC is finding it difficult to find buyers for the stake sale.
Emailed queries to Rothschild & Co, BharatPe and Unity SFB did not elicit any response.
BharatPe, too, is preparing for an IPO (initial public offering).
In an interview to Mint on 4 August 2022, BharatPe's chairman Rajnish Kumar had confirmed its plans for an initial public offer over the next two years.
هذه القصة مأخوذة من طبعة January 03, 2025 من Mint Kolkata.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة January 03, 2025 من Mint Kolkata.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Now, tech tools to test cortisol, soothe anxiety
A range of tech tools for mental health will be showcased at CES '25 in Vegas
This could be the best core exercise you've never done
A modification of the Zercher squat, the 'ab squat' is a dynamic workout that completely engages your core
For a balanced life, take the heroine's journey
Living a life not attuned to nature's cycles can affect the body and cause digestive issues as well as mental stress
AIF industry: At risk of death by a thousand circulars
Alternative investment funds generate value but have been dealt a harsh blow by over-regulation
Welfare programmes impact the retail prices relevant to people
India must update its inflation metrics to reflect actual consumption expenditure patterns for superior policy formulation
Expect Trump's Crackdown on Immigration to Be Disruptive
He is far better placed to act swiftly and harshly this time around
Tweaked for flexibility, NPS awaits tax clarity
This funded pension scheme now offers access to low-cost fund management with its option of staggered withdrawals of what was once a lump-sum. Good. Let's keep its taxation benign
Rupee depreciation is inevitable but its volatility is not
RBI should restrain its active forex management while the Centre aims to attract more dollars
Ten big GenAI developments we saw within the span of a month
Its evolution didn't even pause for a year-end break as the AI wave began turning into a tsunami
Simplifying Taxes: Key Challenges for Budget 2025
The focus is on how the Centre overhauls the new tax regime to attract more taxpayers
