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China’s central bank has a portfolio of ₹40000 crore in India; Along with ICICI Bank, HDFC Bank also holds shares in government company Power Grid – peoples bank of china held shares in at least 35 Indian companies including icici bank hdfc bank power grid amounting to a portfolio value of about rs 40000 crore.

The People’s Bank of China (PBOC), China’s central bank, has been quietly building its portfolio in India, while geopolitical relations between India and China remain turbulent. According to data compiled …

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