India's Bharat Financial Inclusion launches up to $113 mln share sale

September 22, 2016 2:17 PM

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MUMBAI, Sept 22 Indian micro lender Bharat Financial Inclusion Ltd has launched a share sale to institutions to raise up to 7.5 billion rupees ($112.7 million), the company said on Thursday.

Bharat Financial Inclusion, formerly named SKS Microfinance, is selling the shares in a price range of 740 rupees to 770 rupees apiece, IFR, A Thomson Reuters publication, reported.

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