GIC expands India BFSI portfolio with bet on Max Financial

 GIC expands India BFSI portfolio with bet on Max Financial
Singapore sovereign wealth fund GIC Pte Ltd has picked up a minority stake in Max Financial Services Ltd, which operates India’s largest non-bank private life insurer Max Life Insurance Co Ltd. GIC bought a 1.75% stake in Max Financial for Rs 601.34 crore (about $81.2 million). It purchased the shares […]
To read the rest of this article, you must be a subscriber. Click here to buy a subscription plan or Login here if you are already a subscriber.

Ankit Doshi

error: Content is protected !!
The Capital Quest