CDC scores high returns from financial services portfolio firm in India
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CDC scores high returns from financial services portfolio firm in India

By Bruhadeeswaran R

  • 01 Jun 2017
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CDC scores high returns from financial services portfolio firm in India
Credit: Thinkstock

UK-based development finance institution CDC Group Plc has sold some stake in the Bengaluru-based small finance bank Ujjivan Financial Services Ltd, generating high returns on its two-year-old investment.CDC sold a 2.3% stake in Ujjivan last month to Tamarind Capital for Rs 99 crore ($15 million).The partial exit generated an internal ......

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