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Yes Bank launches $100 mln private equity fund

Private sector lender Yes Bank said on Wednesday it launched a $100 million private equity fund to invest in food and agriculture sectors.

The Food and Agribusiness India Fund plans to invest its entire amount in 1-2 years, earmarking $5-7.5 million per company and expects an average annual return of 20-25 percent, it said in a statement.

Source : Reuters

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