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Cabinet approves increase of foreign investment in M/s. Axis Bank Limited
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....abinet approves increase of foreign investment in M/s. Axis Bank Limited <br>News and Press Release<br>Dated:- 5-7-2016<br><BR>The Cabinet Committee on Economic Affairs, chaired by the Prime Minister ....
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....Shri Narendra Modi, has approved increase in foreign investment from the current approved level of 62% to 74% of the total paid up share capital of the Axis Bank on a fully fungible basis. The foreign....
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.... investment will be by way of Foreign Institutional Investors (FIIs) / Foreign Portfolio Investors (FPIs) / Non-Resident Indians (NRIs), Foreign Director Investment covering ADRs / GDRs and Indirect F....
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....oreign Investment. With the approval, foreign direct investment to the tune of ₹ 12,973.14 crore will be received in the country with an estimated creation of 6000 to 7000 jobs over the next th....
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....ree years.<BR> News - Press release - PIB....