| First India Credit Corporation Ltd., 100% subsidiary of Temasek Holdings, the investment arm of the Singapore government and one of the biggest investors in India, has made a strategic entry into the country's financial services space. First India Credit Corporation Ltd. has acquired Dove Finance, a Chennai-based non-banking financial company. |
Fullerton India Credit Corporation Ltd. has retained PMC to handle their entire centralized backend operations at Chennai which includes Loan Processing, PDC Management, Document Management & Reconciliation |