The TPG-IndusInd combination is competing with three other such groups that have got formed ahead of the mid-March binding bid deadline. It is after a long time that each of the shortlisted contenders - home-grown banks and global asset management firms - in the fray has tied up with a private equity firm.source https://economictimes.indiatimes.com/industry/banking/finance/banking/pe-firms-partner-each-of-four-idfc-mf-suitors-tpg-indusind-bandhan-bank-gic-among-consortia-in-fray/articleshow/89878705.cms
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