Talk:The Children's Investment Fund

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The Children's Investment Master Fund has acquired an additional stake of 3.09% of Vijaya Bank (a mid-size Indian govt. owned Bank). The current stake will now be 6.6% which at current market value comes to USD 36 million (as on 8th April). Govt. owned banks in India are not allowed more than 25% of the capital to be owned by FII (Foreign Institutional Investors).

This fund has further acquired an additional stake of 3.02% of Vijaya Bank (a mid-size Indian govt. owned Bank). The current stake will now be 9.62% which at current market value comes to USD 56.29 million (as on 18th April). Govt. owned banks in India are not allowed more than 25% of the capital to be owned by FII (Foreign Institutional Investors).