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Sabre Sees Major Role In Banking M & A Space

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Tamal Bandyopadhyay BUSINESS STANDARD

Gurvinder Singh Rana Talwar, former Group Chief Executive Officer of Standard Chartered Plc, is hoping to play a major role in the consolidation that he anticipates in the Indian banking sector by acquiring management control and merging troubled banks.

This is the focus of his India plans which he wants to implement through Sabre Capital Worldwide, a cash-rich London-based fund of which he is majority shareholder.

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First Published: Feb 12 2003 | 12:00 AM IST

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