Have reduced group debt from Rs 50,000 cr to Rs 13,000-14,000 Cr over last few years. Target is to reduce the holding company debt to half’ Rashesh Shah discusses the revival roadmap for Edelweiss. Says Friday’s stake sale in Nuvama Wealth and an IPO of the Alternatives business will further deleverage the balance sheet. Value unlocking in housing finance & the AMC business may also be on the cards. Catch the details here.

#nuvamawealth #blockdeal #edelweissgroup #debtrepaymentplan #businessoutlook #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday

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