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of <h1>Federal Bank Gets Green Light to Boost Foreign Investment to 74%; FIIs Capped at 49% Shareholding.</h1> The Cabinet Committee on Economic Affairs has approved a proposal by Federal Bank Limited to increase foreign investment to 74%, with the condition that Foreign Institutional Investors' shareholding does not exceed 49% of the bank's paid-up equity share capital. This approval is expected to bring approximately Rs. 1400 crore in foreign investment into the country.
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