CLIENT WATCH

Avendus

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PROFILE

  • SECTOR:
  • Investment banking

RSG COMMENT

  • In June 2011, Avendus bought 84% of the debt of Grama Vidiyal Microfinance in reportedly the biggest buyout since the sector ran into trouble in 2010.

    Avendus claim that they are the first Indian firm to realise the benefit of subscribing to these securitised papers.