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Shinsei to sell India AMC biz: Sources
- Filed under: Mutual Fund
- Date: Dec 2,2009
Shinsei AMC that had launched its funds in July this year may see one of its stake holders exiting. Sources tell CNBC TV18 that Shinsei Bank which holds 70% of the AMC business in India is looking to move out and is in talks with Daiwa, another financial services player.
