UTI Bank Ltd

India, Ghana Financial services

UTI Bank is a private bank in India with operations on both the corporate and retail side.

We are invested in UTI Bank Ltd through IFC Africa Capitalization Fund Ltd., which is managed by IFC (International Finance Corporation). For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

Key facts

Status:
Exited
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
South Asia, West Africa
Countries:
Ghana, India
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.

:
Financial services
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund:
IFC Africa Capitalization Fund Ltd.
Fund Manager:
IFC (International Finance Corporation)
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
Ghana