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India's EBRD membership paves way for more joint investment

Thursday, July 12, 2018, 11:50 AM

India formally joined the European Bank for Reconstruction and Development (EBRD), becoming the London-based multilateral lender's 69th member. The membership will help Indian companies undertake joint investments in regions in which the EBRD operates. EBRD, whose core operations pertain to the private sector, has worked with Indian companies including Tata group and Jindal group.

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