HomeNewsBusinessCompaniesAvenue Capital to buy out 27% Arcil stake from IDFC Bank, GIC, 4 others

Avenue Capital to buy out 27% Arcil stake from IDFC Bank, GIC, 4 others

Arcil has made an application to the RBI (Reserve Bank of India) involving a transfer of shares from existing shareholders including Singapore sovereign fund GIC, First Rand Bank, Barclays, IDFC Bank and Karur Vysya Bank

Moneycontrol News

November 12, 2018 / 15:41 IST

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Moneycontrol News

first published: Nov 12, 2018 03:40 pm

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Avenue Capital to buy out 27% Arcil stake from IDFC Bank, GIC, 4 others

Arcil has made an application to the RBI (Reserve Bank of India) involving a transfer of shares from existing shareholders including Singapore sovereign fund GIC, First Rand Bank, Barclays, IDFC Bank and Karur Vysya Bank

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