RBI gives nod to Manappuram Finance for BC Asia Investments. Details here
Manappuram Finance, on Saturday, said that the company has received Reserve Bank of India (RBI) approval for the proposed acquisition of up to 41.66% of the company’s paid-up equity capital or convertible instruments by Bain Capital affiliates — BC Asia Investments XXV Ltd and BC Asia Investments XIV Ltd. Manappuram Finance said in a statement…