Monitoring of Foreign Investment by NRIs/PIOs under PIS in Indian Companies : M/s Transwarranty Finance Ltd. in Caution List - আৰবিআই - Reserve Bank of India
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মাৰ্চ 28, 2014
Monitoring of Foreign Investment by NRIs/PIOs under PIS in Indian Companies : M/s Transwarranty Finance Ltd. in Caution List
The Reserve Bank of India has today notified that the foreign share holding in M/s Transwarranty Finance Ltd. by Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) under Portfolio Investment Scheme (PIS) has reached the trigger limit of 8 per cent. Hence, further purchases of equity shares of this company would be allowed only after obtaining prior approval of the Reserve Bank of India. Ajit Prasad Press Release: 2013-2014/1917 |
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