India Religare Enterprises Bids For ING's Asia Assets

Religare Enterprises has submitted a non-indicative bid for Dutch banking and insurance company ING Groep's Asian private banking assets, the Economic Times reported on its Web site Monday, citing a person familiar with the development, speaking on condition of anonymity.

Zurich-based Credit Suisse and a couple of Singapore banks are also said to interested, the Web site reported him as saying.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire