IndusInd Bank Limited
Government of Singapore increased its stake in IndusInd Bank by buying 1,81,443 shares, raising its holding from 3.03% to 3.05%. The additional shares are valued at ₹18.64 crore based on the share price of ₹1027.20.
A private sector commercial bank incorporated in 1994, IndusInd Bank provides a comprehensive range of banking products and financial services to corporate and retail clients across India. The bank undertakes treasury operations and maintains a presence at International Financial Service Centres within the country. As a publicly held institution, it delivers diverse financial solutions including deposit accounts, lending products, and investment services to its customer base.
Singapore sovereign investor (GIC), managing the Government of Singapore's foreign reserves. One of the world's largest SWFs with significant Indian equity holdings.