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The lender s assets under management expanded 29% year-on-year to Rs 8722 crore, while gross non-performing assets ratio improved a bit to 1.07% at the end of March from 1.15% a year back.
The homegrown investment fund A91 Partners is learnt to have put in $45 million, while the rest came in from existing investors such as Norwest Venture Partners.
When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which it was traded throughout the day, with the average being weighted by trading volume.