
CARBON FINANCE :Doha
Bank plans India expansion
Qatar-based Doha Bank, which last year
bought a 49% stake in Kochi-based brokerage firm Select Securities
Ltd, is planning another round of investments in India, focusing
this time on retail lending, sustainable energy projects, technology
and financial institutions including stakes in Indian banks.Doha
Bank has an $800 million (Rs3,400 crore) fund for investments in
global markets, a good part of which will come into India, R.
Seetharaman, its chief executive, said. The bank is also awaiting
regulatory approval to start commercial banking operations in the
country, for which an application has been pending with the Reserve
Bank of India
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