Investment by Foreign Institutional Investors - ஆர்பிஐ - Reserve Bank of India
Investment by Foreign Institutional Investors
The Reserve Bank of India has on January 10, 2001 notified that no further purchases of equity shares of M/s. Himachal Futuristic Communications Ltd., and Housing Development Finance Corporation (HDFC) Ltd., should be made on behalf of Foreign Institutional Investors (FIIs) in the primary / secondary markets without obtaining prior clearance of the Reserve Bank of India. The aggregate net purchases of the equity shares of these companies by FIIs have reached the limit of 28 per cent and 38 per cent respectively of their paid up equity capital.
P. V. Sadanandan
Asstt. Manager
Press Release : 2000-2001/997
Monitoring of Investments in Companies
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