CDC yields rich harvest from stake sale in financial services firm Ujjivan

UK-based development finance institution CDC Group Plc has sold bulk of its remaining stake in Bengaluru-based small finance bank Ujjivan Financial Services Ltd, harvesting handsome gains on its two-year-old investment.CDC has sold a stake of just under 5% in Ujjivan to Tamarind Capital for Rs 212 crore ($33 million) at ......