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SEBI grants permission FII registration to BBVA for debt market

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BS Reporter Mumbai
Last Updated : Jan 20 2013 | 10:13 PM IST

Securities and Exchange Board of India has granted registration to BBVA, European financial services group, as Foreign Institutional Investor to operate in the Indian bond market. BBVA has a Representative Office in India since 2007. In December 2010, BBVA signed pact with Bank of Baroda to acquire a 51 per cent stake in BOB Cards. BOB Cards is subsidiary of Bank of Baroda.

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First Published: Jun 10 2011 | 12:43 AM IST

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