Edelweiss group has roped in private equity player PAG to invest Rs 2,200 crore in its wealth management business for a 51 per cent stake. The domestic financial services conglomerate earlier inducted foreign partners in its life insurance and non-banking financial services (NBFC) businesses.
Rashesh Shah, chairman and CEO of Edelweiss group, tells Samie Modak that he wants to do an HDFC—scale up and list individual business. Edited excerpts: How’s the Edelweiss group structured now and what is the plan? We have got six businesses—wholesale credit, retail credit, ...
TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST Rs
Key stories on business-standard.com are available to premium subscribers only.
Already a premium subscriber? LOGIN NOW
Copyrights © 2020 Business Standard Private Ltd. All rights reserved.
