Sanlam, a major asset manager, has entered the Indian market by investing Rs 105 crore for a 23% stake in Shriram Asset Management Company (AMC). This investment makes Sanlam a co-promoter alongside Shriram Credit Company. The capital infusion will be used to expand Shriram AMC's offerings and attract talent.
from Banking/Finance-Industry-Economic Times https://ift.tt/OuP9SoE
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