Indian Finance Secretary

Ashok Lavasa, Indian Finance Secretary has met major US-based funds and global institutional investors at a conference held in New York to woo investments into the country’s Banking, Financial Services and Insurance (BFSI) sector.

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“Finance Secretary Ashok Lavasa has interacted with renowned US-based funds and global institutional investors with interests in the BFSI sector at the day-long India Financial Conference held recently in New York City,” said a Finance Ministry statement.

Forty-four representatives from 35 different institutional investor firms have participated in 148 meetings organised with the corporates and industry experts, it said, adding that the investor meetings “were done on a one-on-one basis and in small group settings”.

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The India Financial Conference was hosted by the ICICI Securities Limited on May 12. ICICI Bank managing Director Chanda Kochhar also had attended the conference along with the senior officials of the Finance Ministry.

By Premji