Thursday, April 03, 2008

Mutual funds investment limit hiked

Press Trust of India
MUMBAI, April 3: The Modesty Depository Financial Institution today facilitated increased escape of finances by raising the abroad investing bounds for common finances by two billion dollars to seven billion dollars. "The congeries ceiling for abroad investing by common finances registered with the Securities and Exchange Board of Republic Of India have been enhanced from United States dollar five billion to United States dollar seven billion with contiguous effect," the vertex depository financial institution said in a notification.

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