Chidambaram meets FIIs

November 01, 2012 10:18 pm | Updated June 22, 2016 03:27 pm IST - NEW DELHI:

A host of foreign institutional investors (FIIs), on Thursday, met Finance Minister P. Chidambaram.

“FIIs met me, and I updated them on where we see the economy going and what steps we are taking,” Mr. Chidambaram told reporters after the meeting. Among those who attended the meeting included representatives from Bank of America Merrill Lynch, Blackrock, Goldman Sachs and PE fund T Rowe Price. The meeting assumes significance in the backdrop of a host of reform initiatives, being undertaken by the government to attract investments. Besides, the government is trying to address the problem on implementing the General Anti-Avoidance Rules (GAAR).

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in


Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.