SAIF Partners tastes rare lemon from partial sale in private-sector lender

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Venture capital and growth-equity investment firm SAIF Partners, which has struck a series of profitable partial and complete exits in the recent past, is sitting on below-par returns from a six-year-old investment in a private-sector bank. SAIF Partners, which had bought a 2.66% stake in Karur Vysya Bank between October 2013 ......