With the promoters of two housing finance companies exiting the business, is there a shake out happening in the sector?The two exits small and the big ones were announced in quick succession.The Pune-based Poonawalla Fincorp Ltd announced .
Poonawalla Fincorp announces sale of its Housing Subsidiary to TPG for INR 3,900 Crores equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
The deal will be subject to the receipt of necessary approvals from shareholders of Poonawalla Fincorp, approvals from the Reserve Bank of India, lenders and the completion of customary conditions