facebook-page-view
Advertisement

CDC scores high returns from financial services portfolio firm in India

By Bruhadeeswaran R

  • 01 Jun 2017
Premium
CDC scores high returns from financial services portfolio firm in India
Credit: Thinkstock

UK-based development finance institution CDC Group Plc has sold some stake in the Bengaluru-based small finance bank Ujjivan Financial Services Ltd, generating high returns on its two-year-old investment.CDC sold a 2.3% stake in Ujjivan last month to Tamarind Capital for Rs 99 crore ($15 million).The partial exit generated an internal ......

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.
Advertisement
Advertisement