UK hedge fund sells 8 Indian bank holdings

UK hedge fund sells 8 Indian bank holdings
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First Published: Sun, Mar 22 2009. 10 45 PM IST
Updated: Sun, Mar 22 2009. 10 45 PM IST
Hong Kong: The Children’s Investment Fund, the $9.5 billion London activist hedge fund, has liquidated its holdings in Indian state-owned banks, according to the ‘Financial Times’.
In the past three months, the fund has sold holdings in eight banks, from state-owned Bank of Baroda to Union Bank of India, the paper reported.
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First Published: Sun, Mar 22 2009. 10 45 PM IST