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Essel Finance builds portfolio via buyouts

Mumbai: Zee Entertainment promoter Subhash Chandra’s Essel Finance has been quietly building up a portfolio of businesses across the financial services spectrum through acquisitions. The non-banking finance company (NBFC) recently acquired the loan portfolio of SME financier Intec Capital. Speaking to TOI, Essel Finance MD Amitabh Chaturvedi said that the company will also make an investment in the digital transaction space. Essel Finance had bought out Peerless ... Read More »