The Goldman Sachs Group Ramps up Its Credit Business in India, Targeting Wealthy Diasporas

The investment bank, according to Sonjoy Chatterjee, chairman and CEO of Goldman Sachs in India

This licence would enable Goldman to deal with any counterparty, including corporate clients, equity customers, and financial investors.

Based on statistics gathered by Bloomberg, Goldman leads the league table for deals in India this year.

This will be primarily what we might want to create and distribute, with only a small portion held in reserve

After working for 16 years at ICICI Bank in India, Chatterjee joined Goldman Sachs as a partner in 2010.

He stated that private equity firms intend to use a significant amount of the money they have raised for Asia funds in India.