India’s Multiples Alternate Asset Management, led by ex-ICICI Venture veteran Renuka Ramnath, has made the first close of its fourth fund at $640 million.
Ajay Piramal, Chairman of Piramal Group, who actually 'coaxed' Vaghul to pen down some of the incidents during his banking career, said he is considered as the ‘Bhishma Pitamah’ of banking in India
The (EOIs) were submitted earlier this month and are now being reviewed by the bank to shortlist names for the second phase of the process, which will be opened for a limited number of bidders.