The Singapore government and its investment arms sprinkled in $670 million in ICICI Bank Ltd, HDFC Ltd, and Bandhan Bank Ltd. In the first half of August showed trade filings made by the private sector lenders.
Singapore government was the largest individual investor in the qualified institutional placements. Of ICICI Bank and mortgage financier HDFC, investing ₹1,662.7 crores and ₹1,336.9 crores, respectively.