Mumbai: International private equity funds based in China, Hong Kong and Singapore are eyeing investment opportunities in India’s financial sector services as dialogues between the policymakers of two ancient civilizations, and people-to-people relations are currently moving in the right direction, reliable sources said.

“Large six private equity funds and investment firms based in Shanghai, two based in Hong Kong and three from Singapore propose to acquire majority stakes in India’s growing banking, insurance, and NBFC sectors, eyeing lucrative and mutually beneficial business opportunities. It’s India’s strengthening economic fundamentals that attract global equity funds. Several in-principle go ahead on potential deals have already been reached, subject to Indian regulatory approvals and expected to bear fruits in the weeks and months ahead,” a source close to the talks told The Free Press Journal on Tuesday.

“Talks among........

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