Investment by FIIs under PIS - आरबीआई - Reserve Bank of India
Investment by FIIs under PIS
The Reserve Bank of India on May 15, 2000 has withdrawn the restriction placed on the purchase of shares of M/s.BFL Software Ltd. on behalf of Foreign Institutional Investors (FIIs). The Reserve Bank has stated that the percentage of foreign institutional investors (FIIs) investment to the paid up capital of M/s. BFL Software Ltd., has gone below the permitted limit of 22 per cent of its paid up capital.
Investment by FIIs/NRIs/OCBs/PIOs in Public Sector Banks
The Reserve Bank of India on May 15, 2000 has also withdrawn the restriction placed on the purchase of shares of State Bank of India on behalf of foreign institutional investors (FIIs)/non-resident Indians (NRIs)/overseas corporate bodies (OCBs) and persons of Indian origin (PIOs). The Reserve Bank has stated that the percentage of investment to the paid up capital of State Bank of India by foreign institutional investors/non-resident Indians/overseas corporate bodies and persons of Indian origin has gone below the permitted limit of 18 per cent of its paid up capital.
Alpana Killawala
General Manager
Press Release : 1999-2000/1540
Monitoring of Investments in Companies
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