Monitoring of Foreign Investment under PIS in Indian Companies - Incorporation in Ban List : M/s Axis Bank Ltd

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..... Monitoring of Foreign Investment under PIS in Indian Companies - Incorporation in Ban List : M/s Axis Bank Ltd
News and Press Release
Dated:- 23-11-2013

The Reserve Bank of India has tod .....

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..... ay notified that the foreign share holding through Foreign Institutional Investors (FIIs)/Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs)/Foreign Direct Investment (FDI)/American Depositor .....

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..... y Receipt (ADR)/Global Depository Receipts (GDRs) in M/s Axis Bank Ltd. has reached the trigger limit. Accordingly, further purchases of equity shares of M/s Axis Bank Ltd. would be allowed only after .....

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..... obtaining the Reserve Bank's prior approval. Sabeeta Badkar Assistant Manager
News - Press release - PIB .....

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