Temasek invests in ICICI as Indian banks move to clear bad loans

Temasek invests in ICICI as Indian banks move to clear bad loans

REUTERS/Edgar Su

Temasek Holdings Pte bought shares in ICICI Bank Ltd., India’s largest private-sector lender by assets, as the nation’s central bank pushes lenders to clean up bad debts that have weighed on earnings.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter