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Private equity

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 June 2016 Can a bank give private equity to a zero turnover company? Eg. X company is holding company of Y Co. and Z Co. Turnover of X Co. is nil. It is floated only to hold 100 % shares of Y and Z co. Now a finance proposal is submitted to bank to invest in 25% shares of X co. Will bank be ready to do so or not? Pls provide RBI clarifications thereof, if any
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Querist : Anonymous

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Querist : Anonymous (Querist)
01 July 2016 No comments yet. ...

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