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1. Which financial institution has acquired a 6.125% stake in Clearing Corporation of India Ltd. (IFSC)?
Bank of India has acquired a 6.125% stake in Clearing Corporation of India Ltd. (IFSC) for ₹6.125 crore. This strategic move aims to strengthen the bank's presence in GIFT City IFSC, aligning with its goal to enhance operations and contribute to the financial ecosystem. The acquisition underscores Bank of India's commitment to expanding its footprint and influence within the global financial hub at GIFT City.