GIC rebuilds stake in PE-backed Indian life insurer
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GIC rebuilds stake in PE-backed Indian life insurer

By Ankit Doshi

  • 15 Nov 2019
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GIC rebuilds stake in PE-backed Indian life insurer
Credit: Thinkstock

Singapore’s GIC Pte. Ltd, one of the most active sovereign wealth funds in India, has again started building its exposure to a private-sector life insurer after likely diluting its stake earlier. GIC has picked up nearly 12.41 million shares, or a 1.24% stake, in SBI Life Insurance Co. Ltd in recent ......

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