Impact VC investors’ planned exit from Indian School Finance faces RBI hurdle
Advertisement

Impact VC investors’ planned exit from Indian School Finance faces RBI hurdle

By Joseph Rai

  • 14 Sep 2018
Premium
Impact VC investors’ planned exit from Indian School Finance faces RBI hurdle
Credit: Pixabay

Manappuram Finance Ltd’s proposal to acquire Indian School Finance Company Pvt. Ltd (ISFC) has run into a regulatory hurdle, placing at peril the planned exits of two impact investment firms via a strategic sale. The Reserve Bank of India (RBI) has raised concerns with regard to the shareholding pattern and management ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.
Advertisement
Advertisement
Google News Icon

Google News

Follow VCCircle on Google News for the latest updates on Business and Startup News