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Shinsei to sell India AMC biz: Sources
- Filed under: Mutual Fund
- Date: Dec 2,2009
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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.
