Infosys and ICICI Bank are PBOC's biggest portfolio holdings in India. The Chinese central bank owns 0.8% of Infosys, worth ₹4,678 crore, and 0.7% of ICICI Bank, worth ₹4,583 crore at current prices. It also owns a 0.24% stake in TCS, valued at approximately ₹3,157 crore, and a 0.4% stake in Bajaj Finance, worth ₹1,928 crore. Other portfolio companies include Maruti Suzuki India Ltd, Asian Paints Ltd, Tata Steel Ltd and Kotak Mahindra Bank Ltd.
A person who has dealt with PBOC in the past said the Chinese central bank has been cautious about keeping its holdings below the 1% threshold in companies that require public disclosure, aiming to prevent the kind of backlash it faced in 2020 after it became known that its investments exceeded 1% in Housing Development Finance Corp., the then parent of India's largest private lender, HDFC Bank Ltd.
هذه القصة مأخوذة من طبعة October 12, 2023 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة October 12, 2023 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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