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RBI will keep tabs on inflows into ICICI offer
Tuesday, June 19, 2007 www.dnaindia.com
(
Finance , Stock market
)
Strong dollar inflows because of the huge foreign investment in the ICICI Bank follow-on issue could fire up the rupee and create problems for the Reserve Bank of India in dealing with the extra inflows.At Rs 8,750 crore, with a greenshoe option of Rs 1,312 crore, the issue is one of the largest follow-on issues to hit the Indian bourses.
Tags :
RBI
ICICI-Bank
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