The decision was in line with the company's plan to focus on consumer & MSME financing. The Poonawalla Fincorp board approved the deal Wednesday.
source https://economictimes.indiatimes.com/industry/banking/finance/poonawalla-housing-finance-to-be-sold-to-perseus-sg-pte-ltd-for-rs-3900-crore/articleshow/96231498.cms
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