{
Shriram Housing Finance Ltd.

Companies

}

RBI mandates Warburg Pincus to reduce stake in Home First Finance

The Reserve Bank of India has instructed Warburg Pincus to reduce its stake in Home First Finance from 23% to 20% or below before finalizing the acquisition of Shriram Housing Finance. Warburg is currently seeking buyers to comply with this regulatory requirement, as both companies operate in the housing finance sector. Discussions are ongoing among stakeholders to finalize the transaction's structure and ownership transfer.
Moneycontrol
Shriram Housing Finance Ltd. Warburg Pincus Asset Management LP Home First Finance Company India Limited IND Show more
Finance & Economy, News Article
04:25 30.10.2024
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