Important Announcement for FirstRand Customers:
All FirstRand Savings, Current, Easy Banking and Non-resident Customer accounts moving to HDFC Bank
More
RMB is proud to have acted as a sole financial advisor to Rays Power Infra Private Limited, one of India's largest solar EPC companies, for raising growth capital of INR2 billion from DMI Finance Private Limited.
The proceeds of the capital raise would be utilized by Rays Power Infra for expansion of its solar power development business. This transaction marks yet another transaction closure by FirstRand Bank in the renewable energy sector and endorses RMB's capabilities to deliver creative solutions, customized and structured as per the requirements of its clients.