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TOP
STORY |
Thursday, January 03, 2001
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UTI’s
summer 2001 borrowing raises questions on insider trading
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The chairman of the Unit Trust of India, Mr M Damodaran,
confirmed to The Financial Express the veracity of a
report on Tuesday that UTI had indeed borrowed a whopping Rs
6,500 crore in April-May 2001, in order to meet large redemption
demands before its book closure last year. |
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