Oracle Credit has made further investment in Credent Assets Management Services (CAMS) by way of acquisition of 5,64,763 equity shares at a price of Rs 48 per share aggregating to an amount of Rs 2.71 crore from the existing equity shareholders of the CAMS. As on date, total investment of Oracle Credit in Credent Asset management Services is 49%.
Oracle Credit provides a range of financial services, which includes lending of money, with or without security, dealing in securities/shares, government securities, bonds and units investment in stock markets, loan syndication and project and portfolio consultancy and consultancy services.