CDC scores a cracker of an exit from India portfolio

By Ranjani Raghavan

  • 10 Jan 2018
Premium
Credit: Manni Das/VCCircle

UK-based development finance institution CDC Group Plc has fully exited Bengaluru-based small finance bank Ujjivan Financial Services Ltd, making excellent returns on a three-year-old investment.CDC pocketed Rs 92.4 crore on Wednesday by selling a stake of around 1.9% for Rs 405 per share. Cumulatively, the firm has generated around Rs ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.