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    CSB Bank IPO price band set at Rs 193-195, to raise Rs 410 cr

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    Kerala-based CSB Bank (formerly Catholic Syrian Bank) on Tuesday announced a public issue of shares to comply with RBI mandate to list, in which stock of up to Rs 410 crore will be sold. The offer involves a fresh issue of shares of face value Rs 10 each to raise up to Rs 24 crore, and an offer for sale (OFS) of 1.97 crore shares by existing investors through which it will sell Rs 385 crore of scrips.

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    The Economic Times