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CIL invites EoI from merchant bankers

In order to pick up stake in foreign mining assets, Coal India (CIL) decided to rope in additional merchant bankers. Currently, RBS, Bank of Canada and BofA-Merrill Lynch along with its Indian arm DSP Merrill Lynch are the merchant bankers for CIL. The state-run miner invited expressions of interest from merchant bankers on possible targets, besides extending the

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