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Government approves 12 FDI proposals worth Rs 1827.24 Crore

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Capital Market

HDFC Bank proposal recommended for consideration of Cabinet Committee on Economic Affairs (CCEA)

Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on 19 December 2014, the Government of India has approved twelve (12) proposals of Foreign Direct Investment (FDI) amounting to Rs 1827.24 crore approximately.

In addition, one proposal relating to HDFC Bank has been recommended for consideration of Cabinet Committee on Economic Affairs (CCEA).

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First Published: Jan 09 2015 | 6:47 PM IST

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