Oman-India PE fund bets more on private-sector lender

By Beena Parmar

  • 20 Oct 2020
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Credit: 123RF.com

Mid-market private equity firm Oman India Joint Investment Fund (OIJIF) has increased its stake in an Indian private-sector lender, seeking to take advantage of low share prices. The PE firm picked up an additional 1.36% stake in DCB Bank (formerly Development Credit Bank Ltd) during the July-September quarter. This takes the stake ......

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