L&T Finance wraps up $764m sale of mutual fund business to HSBC
L&T Finance Holdings has wrapped up the sale of its mutual fund business to HSBC Asset Management (India) for a sum of around INR 3,484 crores ($764 million). Pursuant to the definitive documents, the Mumbai-based nonbanking financial company also realized around INR 764 crores in surplus cash balance in L&T Investment Management, the asset manager […]