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Cabinet increases the limit for foreign investment in Stock Exchanges from 5 to 15

News and Press Release - Dated:- 28-7-2016 - Press Information Bureau Government of India Ministry of Finance 27-July-2016 20:44 IST The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for raising foreign shareholding limit from 5% to 15% in Indian Stock Exchanges for a stock exchange, a depository, a banking company, an insurance company, a commodity derivative exchange. The Cabinet has also approved the proposal to allow foreign portfolio investors to acqu .....

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