Homegrown private equity firm ChrysCapital has exited its five-year-old investment in a private-sector bank, making a loss on its bet as it continues to shuffle its portfolio of banking and financial services companies. The PE firm sold its 4.91% stake in South Indian Bank during the July-September quarter, regulatory filings show. ......
ChrysCapital walks out of private-sector lender with deep haircut
By Beena Parmar
- 27 Oct 2020