December 24, 2012 / 7:01 AM / 5 years ago

Russia's RDIF, India's SBI to invest $2 bln in cooperation projects

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NEW DELHI, Dec 24 (Reuters) - Russian Direct Investment Fund (RDIF), a sovereign wealth fund, and Indian lender State Bank of India will jointly invest up to $2 billion to promote trade and economic cooperation projects, the Russian fund said in a statement on Monday.

The agreement was signed as part of Russian President Vladimir Putin's official visit to India. (Reporting by Alexei Anishchuk; Editing by John Chalmers)

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