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Published on May 16, 2014
Monitoring of Foreign Investment under PIS in Indian Companies- Incorporation in Caution List - FII/NRI/PIOs : Bank of Baroda
The Reserve Bank of India has today notified that the foreign share holding through Foreign Institutional Investors (FIIs)/ Non Resident Indian (NRI)/ Persons of Indian Origin (PIO) in Bank of Baroda has reached the trigger limit. Hence, further purchases of equity shares of this bank would be allowed only after obtaining prior approval of the Reserve Bank of India. Sucheta Vazkar Press Release : 2013-2014/2230 |
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