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New
Delhi: Rabobank Nederland has injected a fresh capital
of $25 million into its Indian subsidiary, Rabo India.
With
this, the current shareholding in the Indian venture has
gone up to 100 per cent from the earlier 75 per cent.
The
net worth of Rabo India has crossed Rs 300 crore. Rabo
India had been recently given a go-ahead by the Reserve
Bank India to become a full-fledged bank.
Rabo
India has also announced that it is set to increase its
staff strength from the present 75 to 110 during 2003.
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