Fintech co Aye Finance aims to raise up to Rs 400 cr equity


Fintech co Aye Finance aims to raise up to Rs 400 cr equity

This will be the first equity expansion by the company after the Covid-19 pandemic, chief executive Sanjay Sharma said.

Banks are now permitted to raise up to 49 per cent of the eligible AT1 capital in foreign currency. However, a debate over what is eligible capital brewing.


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