Private equity firms Warburg Pincus, Kedaara Capital and ChrysCapital and development finance institution International Finance Corporation (IFC) have partially exited their stakes in India-based lender Au Financiers alongside private equity firm Motilal Oswal Private Equity, which fully exited its stake. The deal was worth INR7.51 billion (approximately US$110 million). The transaction will help Au Financiers reduce foreign shareholding from 65 percent to 49 percent, the foreign shareholding cap for Au Financier to establish a small finance bank.