BNP Paribas eyeing Sharekhan exit?

BNP Paribas eyeing Sharekhan exit?
Business Line
Published onBusiness Line
Publish Date31 August 2023
Reading time1 Min

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According to market sources, BNP Paribas, a European Bank, is planning to fully exit from the Mumbai-based retail brokerage firm Sharekhan. It is reported that three Indian financial services companies, as well as a Korean and a Japanese firm, have expressed their interest in purchasing the 100% stake of BNP Paribas in Sharekhan. It is believed that at least five players are currently in the bidding process.

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