Bajaj Finance Limited
Government of Singapore, which last held a 1.36 percent stake in Bajaj Finance Limited, has dropped off the latest major shareholder list. This indicates the sovereign wealth fund either exited completely or trimmed its position below the 1 percent reporting threshold.
A leading non-banking financial company in India, Bajaj Finance provides comprehensive lending services across retail, small and medium enterprises, and commercial customer segments. The company operates extensively in both urban and rural markets with a diversified loan portfolio. It accepts public and corporate deposits while offering a range of financial services products including insurance and investment solutions to its customers.
Singapore sovereign investor (GIC), managing the Government of Singapore's foreign reserves. One of the world's largest SWFs with significant Indian equity holdings.