From Siliconindia.com: The State Bank of India is in the final stages of inking the set up of private equity funds with sovereign entities in Oman. The bank is also designated by the government of India as the operationalizing agency for a similar sovereign fund with Qatar.
With an Australian firm, Macquire and Washington, the SBI has an Indian focused fund. The fund was set to boost up the investment in the country’s infrastructure sector. The fund will continue its fund raising activities this year……..Full Article: Source