ChrysCapital walks out of private-sector lender with deep haircut

By Beena Parmar

  • 27 Oct 2020
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Credit: VCCircle

Homegrown private equity firm ChrysCapital has exited its five-year-old investment in a private-sector bank, making a loss on its bet as it continues to shuffle its portfolio of banking and financial services companies. The PE firm sold its 4.91% stake in South Indian Bank during the July-September quarter, regulatory filings show. ......

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