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Investment by FIIs/NRIs/PIOs under PIS Centurion Bank of Punjab Limited

The Reserve Bank of India has today notified that under Portfolio Investment Scheme (PIS) on behalf of Foreign Institutional Investors (FIIs)/Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) further purchases should be made of equity shares of Centurian Bank of Punjab Limited, through secondary market in India. The Reserve Bank has stated that Centurion Bank of Punjab Limited, has gone below the trigger limit of its paid up capital.

Ajit Prasad
Manager

Press Release :2007-2008/434

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