Blackstone may get 5x return on IPO-bound Fino Payments Bank investment

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Credit: 123RF.com

US private equity major Blackstone Group is likely to make an over five times return on its investment in Fino Payments Bank when the latter goes ahead with is public listing that is planned for next month. The Navi Mumbai-based scheduled commercial bank is a fully-owned subsidiary of Fino Paytech, which ......

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