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The private lender managed to raise Rs 14,267 crore in-spite of a not so positive response from the retail investors. However the shortfall or the unsubscribed portion of the FPO will be allotted to SBI Capital Markets<\/a>.<\/p>\n SBI Capital Markets had agreed to underwrite Rs 3000 crore worth of shares for a price which is equal to the lower end of the price band of the FPO.<\/p>\n Institutional Investors, Anchor investors contributed over Rs 10,000 crore, retail investors invested Rs 2,420 crore while HNIs invested Rs 1,400 crore and employees contributed Rs 65 crore. <\/p>\n The capital raised will keep the bank afloat to maintain regulatory requirements and portion of growth capital. The management of the bank had said it is embarking on a cost-saving exercise by implementing hiring freeze, rationalising office space. <\/p>\n<\/div>\n<\/div>\n <\/p>\n