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80115127
Published on December 05, 2017
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Monitoring of Foreign Investment under the PIS in Indian Companies - Removal from the Caution List -FPIs- M/s Bharat Financial Inclusion Limited

The Reserve Bank of India has today notified that the aggregate foreign share holdings by Foreign Portfolios Investors (FPIs) under Portfolio Investment Scheme in M/s Bharat Financial Inclusion Limited have gone below the prescribed threshold caution limit stipulated under the extant Foreign Direct Investment (FDI) Policy and FEMA regulations. Hence, the restrictions placed on the purchase of shares of the above company are withdrawn with immediate effect.

Ajit Prasad
Assistant Adviser

Press Release : 2017-2018/1531

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