Industry Newsroom

Warburg Partially Exits Stake in India’s AU Small Finance Bank for USD69m

Warburg Pincus has divested a 2.2% stake in India-based AU Small Finance Bank for INR5.17b (approximately USD69m) through an open market transaction. Buyers include Abu Dhabi Investment Authority, Reliance Mutual Fund, Morgan Stanley Asia Singapore, and Westbridge AIF I. Warburg retains a ~4.5% stake in the bank. Read more