https://www.taxtmi.com/news?id=12281 Approval granted to increase foreign investment in Federal Bank Limited to 74 percent, subject to an aggregate Foreign Institutional Investors shareholding cap of 49 percent of the bank's paid-up equity capital, allowing majority foreign ownership while preserving a specified sub-cap for institutional investors and contingent on compliance with the stated equity allocation limits. en-us Tue, 21 Jan 2014 10:17:40 +0530 Tue, 21 Jan 2014 10:17:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12281 Approval granted to increase foreign investment in Federal Bank Limited to 74 percent, subject to an aggregate Foreign Institutional Investors shareholding cap of 49 percent of the bank's paid-up equity capital, allowing majority foreign ownership while preserving a specified sub-cap for institutional investors and contingent on compliance with the stated equity allocation limits. News - Tue, 21 Jan 2014 10:17:40 +0530 https://www.taxtmi.com/news?id=12281