UK’s Greater Pacific to invest $10 m in Muthoot Microfin

UK-based private equity investor Greater Pacific Capital (GPC) is all set to infuse $10 million in Muthoot Microfin to raise its stake to about 16%, people familiar with the development said.

At present, GPC holds 14.37% in the NBFC-MFI, the microfinance arm of the Muthoot Pappachan group.