IIFL
IIFL is exploring options to exit its microfinance subsidiary IIFL Samasta Finance, with Piramal Finance reportedly expressing interest. Negotiations have reached a preliminary stage, and a 100% exit is possible if investors join. IIFL Samasta had assets under management of ₹9,681 crore at the end of December and made a ₹39 crore net loss in the first nine months of the fiscal.
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