Essel Finance in talks to buy a small microlender

By Bruhadeeswaran R

  • 14 Nov 2016
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Credit: Thinkstock

Subhash Chandra-promoted diversified business group Essel has started engaging with microlenders for an acquisition after its efforts to buy Bangalore-based microfinance firm BSS Microfinance Pvt. Ltd (BSS) did not materialise early this year. The proposed acquisition is part of Essel Finance’s strategy to become a financial services conglomerate and comes amid ......

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