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TVS Venu Group firm Home Credit India to acquire Varthana Finance for Rs 967 crore
Home Credit India Finance will acquire Varthana Finance for Rs 967 crore. This all-cash transaction is subject to regulatory approvals from the Reserve Bank of India. The acquisition will strengthen TVS Venu Group's financial services sector presence. Varthana Finance specializes in education lending and serves many institutions. This move expands TVS's participation in secured and longer-tenure lending.
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economictimes.indiatimes.com
TVS Venu Group firm Home Credit India to acquire Varthana Finance for Rs 967 crore
Home Credit India Finance will acquire Varthana Finance for Rs 967 crore. This all-cash transaction is subject to regulatory approvals from the Reserve Bank of India. The…
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timesofindia.indiatimes.com
TVS arm Home Credit to buy education loan company for Rs 967 crore
MUMBAI: Home Credit India Finance, a subsidiary of TVS Holdings, signed a share purchase agreement on Wednesday, to acquire Varthana Finance which specialises in lending for…