The Reserve Bank of India has today notified that the aggregate share holdings by Global Depository Receipts (GDR)/ American Depository Receipts (ADR)/ Foreign Direct Investment (FDI)/Foreign Institutional Investors (FIIs)/ Foreign Portfolios Investors (FPIs)/Non Resident Indian (NRI)/Persons of Indian Origin (PIO) in M/s AU Small Finance Bank Ltd. has gone below the threshold caution limit stipulated for the company.

Hence, the restrictions placed on the purchase of shares of the above company vide para (c) of our Press release 2016-2017/3488 dated June 27, 2017 are withdrawn with immediate effect.

The aggregate limit of total foreign investment that can be received by the company shall remain at 49%.

The Reserve Bank has notified this under Foreign Exchange Management (Transfer or issue of security by a person resident outside India) Regulations, 2000.

Ajit Prasad
Assistant Adviser

Press Release : 2016-2017/3518