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PE firm True North to partially exit small finance bank licensee Fincare

By Bruhadeeswaran R

  • 08 Feb 2017
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PE firm True North to partially exit small finance bank licensee Fincare
Credit: Thinkstock

Fincare Business Services Pvt. Ltd, a financial services holding company, is in late-stage discussions to raise external equity funding that would rejig foreign ownership to help comply with local laws which require a dilution of majority stake owned by private equity investor True North, two persons close to the development ......

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