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#569174
Tue 07 Jul 2020 02:00:AM
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Joined: Feb 2001
Posts: 381,903
Launch Director
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OP
Launch Director
Joined: Feb 2001
Posts: 381,903 |
Two years ago, RBI permitted People’s Bank of China to set shop in India. Two recent reports on Chinese investments in India have warned that several funds and investment companies, directly or indirectly influenced by Chinese govt, have been eyeing stakes in Indian companies strategically important to economy; these were not disclosed since they were below the 1% limit. Source: China central bank buying stakes in Indian cos
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