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    <title>Monitoring of Foreign Investment under PIS in Indian Companies - Removal from the Caution List - FII/NRI/PIO/FDI/ADR/GDR : M/s Axis Bank Limited</title>
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    <description>Where aggregate foreign holdings through FII, NRI, PIO, FDI, ADR and GDR fall below the prescribed caution limit under the FDI policy, the regulatory trigger for purchase restrictions is removed; following government approval to raise the permitted foreign investment ceiling, aggregate non resident shareholding in the company fell below that threshold, and the purchase restrictions were withdrawn with immediate effect.</description>
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