The State Bank of India and Australian financial powerhouse Macquarie Group via its joint venture SBI Macquarie have floated a USD 1.2 billion venture fund dedicated to the infrastructure sector. The Planning Commission estimates that India will need close to USD 500 billion in infrastructure investments in the next five years.
Speaking to CNBC-TV18's Udayan Mukherjee and Mitali Mukherjee, CEO SBI Macquarie Varun Bajpai said the fund house has a bullish view on roads sector within the infra space.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
