GIC Invests in Another Indian Mortgage Lender

Posted on 03/10/2017


Caladium Investment Pvt. Ltd, a sovereign wealth enterprise (SWE) of Singapore’s GIC Private Limited, has acquired a 13.45% ownership stake in Can Fin Homes Ltd from Canara Bank for Rs 753.77 crore (US$ 113 million). Can Fin Homes Ltd is a publicly-traded mortgage lender and Canara Bank is an Indian state-owned bank headquartered in Bangalore, […]