FIPB clears over Rs 13,000 crore FDI proposals; hikes foreign investment limit in Axis Bank
The Foreign Investment Promotion Board (FIPB) in its meeting on Friday cleared 5 out of 14 proposal, a finance ministry official said.
"FDI proposals for more than Rs 13,000 crore recommended for approval. The inflow of investments continues," Economic Affairs Secretary Shaktikanta Das said. Image Source: IANS