Fedfina board okays 17.40% divestment to True North Fund VI for Rs 168.60 cr
newsdepo.com
Last month, Federal Bank had received approval from the Reserve Bank to sell up to 45 percent stake in non-banking financial company (NBFC) arm Fedfina to private equity firm True North.Fedfina board okays 17.40% divestment to True North Fund VI for Rs 168.60 cr
Last month, Federal Bank had received approval from the Reserve Bank to sell up to 45 percent stake in non-banking financial company (NBFC) arm Fedfina to private equity firm True North. Read more