GIC tastes a lemon from partial exit in housing finance firm

By Ankit Doshi

  • 06 Oct 2020
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Credit: VCCircle

Singapore’s GIC Pte Ltd, which is one of the most active sovereign wealth funds in India, has sold a second chunk of its holding in a Mumbai-listed housing finance company with barely any gains. GIC, which invested in mortgage lender Can Fin Homes Ltd three-and-a-half years ago, recently sold about 2.5 ......

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