India: Lok Capital, others divest stake in small bank licencee Ujjivan Financial

India: Lok Capital, others divest stake in small bank licencee Ujjivan Financial

Samit Ghosh, founder and managing director, Ujjivan Financial Services. Photo: Mint

A bunch of foreign private equity (PE) shareholders in small finance bank licensee Ujjivan Financial Services Ltd have sold a total stake of around 3% in the company to domestic investors, two people aware of the development said.

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