ICICI Loses $264 Million on Overseas Investments, Derivatives

Bloomberg
4 Mar 2008
M.C. Govardhana Rangan and Kartik Goyal

"Singapore government investment funds are the single largest holders in ICICI Bank, with about a 9 percent stake. Temasek Holdings Pte, through Allamanda Investments Pvt, owns 7.6 percent, and the Government of Singapore Investment Corp. 1.4 percent, according to the latest regulatory filings."

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