16.12.2015 - Temasek funds for lending arm
Fullerton India, the non-banking finance company (NBFC) controlled by Singapore-based Temasek Holdings Pte Ltd, is getting a fund infusion of Rs 150 crore from its parent.The funds received will be used for investment in the company's housing finance subsidiary, Fullerton India Home Finance Company, and for future growth requirements of Fullerton India. Fullerton India is a wholly-owned subsidiary of Fullerton Financial Holdings, Singapore, which is a subsidiary of Temasek Holdings of Singapore. The company this year received an approval to set up the housing finance company, which largely focuses on affordable housing...............................................Full Article: Source
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