Utkarsh Small Finance Bank files paper for Rs 950 cr rights issueLast Updated: October 02, 2025, 22:00 ISTRepresentational image (Image: News18)New Delhi, Oct 2 (PTI) Utkarsh Small Finance Bank on Thursday said it has filed papers for a Rs 950 crore rights issue to fund its business growth. “We have filed the relevant applications with stock exchanges seeking their comments on the Draft Letter of Offer (DLOF) and/or in-principle listing approval for the captioned Rights Issue at the earliest," the bank said in a regulatory filing. Recommended StoriesThe bank received board approval to raise up to Rs 950 crore via a rights issue from its board of directors on Wednesday. top videos View all Swipe Left For Next Video View all“The Board of Directors of the Bank, at its meeting held on October 1, 2025, has considered and approved the issuance of equity shares of the bank for an amount not exceeding Rs 950 crore by way of a rights issue," it said. PTI DP BAL BALFirst Published: October 02, 2025, 22:00 ISTNews agency-feeds Utkarsh Small Finance Bank files paper for Rs 950 cr rights issueDisclaimer: Comments reflect users’ views, not News18’s.