Delhi: Rabobank Nederland has injected a fresh capital
of $25 million into its Indian subsidiary, Rabo India.
this, the current shareholding in the Indian venture has
gone up to 100 per cent from the earlier 75 per cent.
net worth of Rabo India has crossed Rs 300 crore. Rabo
India had been recently given a go-ahead by the Reserve
Bank India to become a full-fledged bank.
India has also announced that it is set to increase its
staff strength from the present 75 to 110 during 2003.