SBI can use funds from PSU bank recap to fund additional new loan growth, says Chakri Lokapriya, CIO & MD at TCG Advisory Services.
About TCG: Headquartered out of New York, presence in Asia and Europe with $3 billion in investments across sectors. TCG Group also has majority ownership in several operating companies such as Haldia, Rs. 44,000 crores in implied market cap, TCG Real Estate with Rs 6,500 crore of REIT funds. TCG AMC manages Offshore, AIF, PMS, Equities and Debt funds.
About Chakri Lokapriya, MD: TCG AMC is led by Chakri Lokapriya, with 20 years of expertise managing $7 billion in BRIC, Global funds at J.P. Morgan, New York; BNP Paribas, London; Franklin Templeton, India. Chakri brings a time tested consistent track record of strong fund performance. Chakri holds an MBA Finance from New York University, Leonard N. Stern School of Business.