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Bain Capital's Acquisition of Adani Capital
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Bain Capital acquires 90% of Adani Capital and Adani Housing, aiming to cater to India's 'underbanked' market and support MSMEs. This deal follows allegations against Gautam Adani, leading to a shares rout in the Adani Group earlier this year.
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How might Bain Capital's acquisition of Adani Capital impact the overall banking landscape in India?
What are the potential implications of the allegations against Gautam Adani on the future of the Adani Group and the Indian banking sector?
What measures could be taken to address the challenges faced by India's 'underbanked' market?
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