SAIF Partners fully exits private-sector lender with weak returns

By Ankit Doshi

  • 09 Sep 2019
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Credit: 123RF.com

SAIF Partners has fully exited its six-year-old investment in a private-sector bank with poor returns—a rare case of below-par performance for the venture capital and growth-equity investor. The investment firm has sold its remaining 1.65% stake in Karur Vysya Bank for about Rs 75-76 crore, before accounting for transaction costs and ......

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