Federal Bank to buy select retail credit card portfolio of Standard Chartered
Summary
Federal Bank will acquire around 450,000 credit cards from Standard Chartered. The deal values the portfolio at 1.5-1.6 times implied equity as estimated by Fed...
Description
Federal Bank will acquire around 450,000 credit cards from Standard Chartered. The deal values the portfolio at 1.5-1.6 times implied equity as estimated by Fed...
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