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 - News - The Reserve Bank of India has toda .....

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..... y 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 Depository .....

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..... 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 afte .....

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..... r obtaining the Reserve Bank's prior approval. Sabeeta Badkar Assistant Manager - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.co .....

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..... m - TMI - TaxTMI - TMITax .....

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