IDFC Bank buys 10 per cent stake in ASA International India for Rs 8.5 crore – Economic Times

IDFC Bank buys 10 per cent stake in ASA International India for Rs 8.5 crore
Economic Times
“We are partnering with many MFIs where we haven’t invested but from whom we are buying portfolios on a regular basis and whom we are supporting with bank lending.” An Indian bank’s investment in another financial entity cannot exceed 10 per cent.

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+ : IDFC Bank buys 10 per cent stake in ASA International India for Rs 8.5 crore – Economic Times