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IFC strikes another profitable exit with partial stake sale in Equitas

By Bruhadeeswaran R

  • 20 Aug 2018
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IFC strikes another profitable exit with partial stake sale in Equitas
Credit: Manni Das/VCCircle

International Finance Corporation (IFC), the World Bank’s private-sector investment arm, has walked away with above-benchmark returns by selling a part of its stake in publicly listed small finance bank Equitas Holdings Ltd. IFC has sold around a third of its remaining stake in Equitas Holdings, two years after offloading a large ......

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