Which company is to acquire IDBI Mutual Fund? – InterviewSolution

InterviewSolution

1.	Which company is to acquire IDBI Mutual Fund?
Answer» Muthoot Finance will acquire IDBI Asset Management for Rs.215 crore to enter mutual fund space. The deal, which is subject to necessary regulatory approvals including markets regulator SEBI, is expected to be completed by February-end 2020.

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