The Rabobank International-promoted Rabo India Finance
plans to set up a separate investment banking entity and
a private equity fund dedicated to food agriculture, life
sciences or biotech in the country.
India Finance, a non-banking finance company, has a
merchant banking licence in hand and plans to set up
a fully owned investment banking entity. It is already
into investment banking but does not handle public issues,
which it can through the separate entity, said Sanjiv
Bhasin, CEO, Rabo India Finance, at a press conference
here on Wednesday.
private equity fund will be set up along with a partner
in one of the areas that Rabo India specialises in,
such as food agriculture, life sciences or biotech.