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Family Office Sees Value in Downtrodden Indian Shadow

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A family office that manages money for India’s wealthy Jhunjhunwala family is looking to invest in finance companies which have been pummeled by the crisis in the country’s shadow banking sector. Singapore-based AJ Capital Asset Management Pte sees good value in the shares of the downtrodden non-bank lenders, according to…

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Click here to read the full story: Bloomberg Quint

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