Ujjivan Small Finance Bank may launch reverse merger to cut promoter stake, says CEO Nitin Chugh
Updated : December 12, 2019 01:49:30 IST
MD and CEO Nitin Chugh said a reverse merger with the holding company is the first choice for Ujjivan SFB, but it could also look at an acquisition.
On Ujjivan SFB’s strong stock market debut, Chugh said investors showed confidence in the bank's credibility and a very strong base.
Published : December 12, 2019 01:49 PM IST