Singapore, Oct. 12 -- Union Finance Minister Nirmala Sitharaman held meetings with senior executives of five global financial institutions and investment firms in Singapore to discuss expanding their engagement in India across infrastructure financing, private credit, artificial intelligence (AI), renewable energy and housing finance.

According to posts shared by the Ministry of Finance on X, the meetings involved representatives from Sumitomo Mitsui Banking Corporation (SMBC), Skandinaviska Enskilda Banken (SEB), HPS Investment Partners, B Capital Group and Mitsubishi UFJ Financial Group (MUFG).

During her meeting with HPS Investment Partners CEO Scott Kapnick, Sitharaman discussed "private credit, structured finance and long-term fina...