GIC Invests in Another Indian Mortgage Lender

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). [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

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