The Economic Times
1 Jul 2008
NEW DELHI: Fullerton, the financial services firm owned by Singapore’s sovereign wealth fund Temasek, is looking to bring in $50 million from its parent over the next 2-3 months. This would be in addition to plans for private placement of bonds to raise further funds.
Fullerton, which operates one of the largest non banking financing company (NBFC) in the country, is also looking to get into new business areas such as equity brokerage and venture capital funding besides expanding its lending business into products like two-wheeler and consumer durable financing.
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