Singapore sovereign fund GIC bets $70 mn on PE-backed Indian lender
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Singapore sovereign fund GIC bets $70 mn on PE-backed Indian lender

By TEAM VCC

  • 30 Jul 2024
Pro
Singapore sovereign fund GIC bets $70 mn on PE-backed Indian lender
Credit: Reuters

GIC, the sovereign wealth fund of Singapore that has been among the most active in its peer group in India with assets worth over $30 billion in the public companies alone, has added a private equity-backed financial services firm to its local portfolio. GIC, which has stakes in virtually all top banks ......

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