HDFC Bank and two global financial firms are exploring buying a stake in CreditAccess Grameen. Axis Bank is also in talks. CreditAccess India BV, the owner, is looking to sell its majority stake. This move aims to provide an exit for patient investors. The microfinance market is showing signs of recovery. CreditAccess Grameen is financially strong and poised for growth.
Gold and silver rise from near one-week lows on bargain-hunting
Friday brought a pleasant uplift for gold and silver prices, thanks to savvy bargain hunters jumping in. After dipping to a one-week low earlier, the