New Delhi, May 15 -- Ambassador of India to the UAE, Deepak Mittal, on Friday said that Prime Minister Narendra Modi's remarkable visit to the country saw investment of USD 5 billion, more than Rs 47,000 crore of investment into India.

Mittal, in a conversation with ANI, said that for the first time, a significant chunk of investment of USD 3 billion has been invested by the UAE in India's banking sector.

"This was a remarkable visit with very big investment announcements. The UAE announced over $5 billion, more than 47,000 crore Indian rupees, of investment into India. This includes an announcement of over $3 billion by the UAE bank, Emirates NBD, in the Indian banking sector. This is the first time the UAE has made such a significant ...