GIC, Sunil Mittal invest in a small finance bank

By Bruhadeeswaran R

  • 19 May 2020
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Credit: 123RF.com

Singapore sovereign wealth fund GIC Pte. Ltd and Bharti Enterprises founder Sunil Bharti Mittal have invested in a small finance bank (SFB). They have bought about 4.9 million shares of AU SFB from promoters across two transactions worth a total of Rs 203 crore (about $27 million at current exchange rate), ......

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