Goldman Muscles Into Indian Banks' Turf With State Share Deals
Goldman Sachs is expanding its presence in India's financial market by entering the government share sale business, a sector traditionally dominated by local banks. This move represents a significant shift in the competitive landscape of Indian deal-making, as the global investment bank challenges the near-monopoly held by domestic finance firms in managing state asset sales.
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Goldman Muscles Into Indian Banks’ Turf With State Share Deals
Goldman Sachs is expanding its presence in India's financial market by entering the government share sale business, a sector traditionally dominated by local banks. This move represents a significant shift in the competitive landscape of Indian deal-making, as the global investment bank challenges the near-monopoly held by domestic finance firms in managing state asset sales.
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