GIC bumps ups stake in private-sector lender, deepening BFSI push
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GIC bumps ups stake in private-sector lender, deepening BFSI push

By Beena Parmar

  • 10 Jul 2020
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GIC bumps ups stake in private-sector lender, deepening BFSI push
Credit: Thinkstock

Singapore sovereign wealth fund GIC Pte. Ltd has raised its stake in a private sector lender in yet another bet in India’s listed banking, financial services and insurance (BFSI) space. GIC, through Caladium Investment Pte. Ltd, has bought about 66 lakh shares of Bandhan Bank to increase its stake to almost ......

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