Thursday, 8 October 2026
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Private Equity Other Private Equity/Strategic Investments

Union Bank to sell its 8% stake in ISARC to Dhansamridhi Finance

1 min read

Source Business Standard (opens in a new tab)

Union Bank of India will sell its 8%stake in India SME Asset Reconstruction Company to Dhansamridhi Finance. ISARC is focussed on NPA resolution of the MSME sector. It is sponsored by SIDBI, Bank of Baroda, Punjab National Bank, and SIDBI Venture Capital Ltd.