In a latest development, Fullerton India Credit Company has received an additional capital infusion of Rs.200 crore from its parent, Fullerton Financial Holdings, a step-down subsidiary of Temasek Holdings Private Limited. The capital infusion will primarily support future business growth of Fullerton India‘s housing finance arm - Grihashakti. Commenting on the development, Head, business strategy and execution, Fullerton India, infusion, Anand Natarajan said that home finance, especially in the affordable housing sector, is an attractive opportunity and one that it has the requisite experience and track record in positioning to leverage, through its home finance subsidiary, he said.
📅Published on:
10 April 2017
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