Moneycontrol
Last Updated : Jul 15, 2016 06:58 PM IST | Source: CNBC-TV18

Lakshmi Vilas Bank eyes Rs 400-500 cr from 25% stake sale: Srcs

The PE players in the fray are TPG, Multiples, Carlyle, CX Partners. Sources said that the bank expects a valuation of around Rs 2,000 crore.

Lakshmi Vilas Bank has reached out to private equity players for stake sale, reports Nisha Poddar of CNBC-TV18, quoting sources.  

The stake sale of 25 percent is said to be valued at Rs 400-500 crore.

The PE players in the fray are TPG, Multiples, Carlyle, CX Partners.

Sources said that the bank expects a valuation of around Rs 2,000 crore.


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First Published on Jul 15, 2016 12:18 pm
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