Garima Samriddhi Yojana Fund Fully Subscribed Within Four Days

Garima Bikas Bank Limited, as the fund sponsor, and Garima Capital Limited, as the fund manager, successfully completed the issuance and sale of "Garima Samriddhi Yojana" under its First Close-Ended Scheme, totaling Rs. 1 billion.

The public issue, which offered 10 million units at 10 rates, ran from December 22 to December 26, 2024, and closed within four working days due to overwhelming demand. The bank thanked investors, member banks, financial institutions, the issuing bank, and regulatory bodies for their support and expressed confidence in continued collaboration in the future.