IFC sells shares of AU Small Finance Bank worth Rs 201 crore

World Bank arm International Finance Corporation (IFC) today sold 32 lakh shares of AU Small Finance Bank for Rs 201.6 crores through an open market transaction. However, the buyer of the shares could not be ascertained immediately. According to bulk deal data available with the BSE, International Finance...
Continue reading

MSMEs seeks alternative sources of finance

BENGALURU, JULY 11 A delegation of Karnataka Small Scale Industries Association, led by its president Basvaraj Javali met Veerappa Moily, Chairman of the Parliamentary Standing Committee on Finance, and expressed concern over the current status of finance availablity to MSMEs. Micro, Small & Medium Enterprises (MSMEs) want the...
Continue reading