Section

Fusion Finance backers plan Rs 550 cr rights issue, management rejig to fight loan book stress

By Economic Times - 2 months ago
Warburg Pincus, US investor Creation Investments and founder owns 58% of co. Youngest microfinance company is also initiating a search for a new chief executive to strengthen its senior management bandwidth as part of a larger corporate initiative to improve the asset quality.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.