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

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Monitoring of Foreign Investment under PIS in Indian Companies - Incorporation in Ban List M/s Axis Bank Ltd - Dated - 23-11-2013 - The Reserve Bank of India has today 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 Receipt (ADR)/Global Depository Receipts (GDRs) in M/s Axis Bank Ltd. has reached the trigger limit. Accordingly, further purchases................................... - News

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