Warburg Pincus invests $26.7m in IDFC First Bank
Warburg Pincus has invested INR2 billion( $26.7 million) in IDFC First Bank as part of an INR20 billion capital raise by the Indian lender.
Other contributors include ICICI Prudential Life Insurance, HDFC Life Insurance, Bajaj Allianz Life Insurance, and the bank’s holding company, according to a statement. Warburg Pincus is an existing...
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