Monitoring of Foreign Investment under PIS in Indian Companies - Incorporation in Ban List : M/s Axis Bank Ltd

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....onitoring of Foreign Investment under PIS in Indian Companies - Incorporation in Ban List : M/s Axis Bank Ltd <br>News and Press Release<br>Dated:- 23-11-2013<br><BR>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 after ....

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....obtaining the Reserve Bank's prior approval. Sabeeta Badkar Assistant Manager<BR> News - Press release - PIB....