Monitoring of Foreign Investment under the PIS in Indian Companies - Incorporation in Ban List - FIIs: M/s Axis Bank Ltd - આરબીઆઈ - Reserve Bank of India
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એપ્રિલ 01, 2014
Monitoring of Foreign Investment under the PIS in Indian Companies - Incorporation in Ban List - FIIs: M/s Axis Bank Ltd
The Reserve Bank of India has today notified that the foreign share holding by Foreign Institutional Investors (FIIs) in M/s Axis Bank Ltd. has crossed the overall limit of 49% of its paid-up capital. Therefore no further purchases of shares of this company would be allowed through stock exchanges in India on behalf of FIIs. Ajit Prasad Press Release : 2013-2014/1932 |
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