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KKR partners GIC to set up real estate lending company in India

This will be KKR's second non-banking finance company in India, it said in a statement

Mumbai: Private equity fund Kohlberg Kravis Roberts & Co LP said on Thursday it had set up a non-banking financial company in India for lending to the real estate sector, with an investment from Singapore sovereign wealth fund GIC.

This will be KKR's second non-banking finance company in India, it said in a statement.

( Source : reuters )
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