How CDC’s four-year-old bet on India Infoline Finance went underwater

By Beena Parmar

  • 31 Mar 2020
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Credit: 123RF.com

CDC Group Plc is staring at a steep loss on its investment in India Infoline Finance Ltd as the non-banking company gets merged with its publicly listed parent that has suffered a huge drop in its share price in recent weeks. The British development finance institution had, in July 2016, invested ......

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