Which bank was in news for raising Rs 550 crore from the Central Bank of Singapore, Government of Singapore and other mutual fund companies?

1. 

Which bank was in news for raising Rs 550 crore from the Central Bank of Singapore, Government of Singapore and other mutual fund companies?
[A]. ICICI Bank
[B]. Equitas Small Finance Bank
[C]. IDFC First Bank
[D]. IndusInd Bank

Answer: Option B

Explanation:

Equitas Small Finance Bank has raised Rs 550 crore in total from the government of Singapore, Singapore's central bank (Monetary Authority of Singapore) and a host of local mutual funds in the qualified institutional placement of equities.
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