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Multiples, Carlyle invest $41M in South Indian Bank QIP

BY  Madhav A Chanchani
The Thrissur-based bank has sold nearly 15 per cent stake to raise Rs 443 crore.

Multiples Alternate Asset Management has picked up over 5 per cent stake in the recently closed qualified institutional placement (QIP) of South Indian Bank, where the old generation bank has raised Rs 443 crore. The QIP has also seen participation from...

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