Monitoring of Foreign Investment under the Portfolio Investment Scheme in Indian Companies - Removal from the Ban List - FIIs/RFPIs - M/s Axis Bank Ltd - RBI - Reserve Bank of India
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Published on June 03, 2015
Monitoring of Foreign Investment under the Portfolio Investment Scheme in Indian Companies - Removal from the Ban List - FIIs/RFPIs - M/s Axis Bank Ltd
The Reserve Bank of India has today notified that the foreign shareholding by Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) in M/s Axis Bank Ltd. has gone below the threshold limit. Hence the restrictions placed on the purchase of shares of the above company are withdrawn with immediate effect. Ajit Prasad Press Release : 2014-2015/2562 |
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