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RBI- Monitoring of Foreign INVESTMENT in Indian Companies under PIS: M/s Repco Home Finance Ltd. - Incorporation in Ban List

July 28, 2014



ENP Newswire - 28 July 2014

Release date- 25072014 - Monitoring of Foreign INVESTMENT in Indian Companies under PIS: M/s Repco Home Finance Ltd. - Incorporation in Ban List.

The Reserve Bank of India today advised that the shareholdings by Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) under Portfolio Investment Scheme (PIS) in M/s Repco Home Finance Ltd. has crossed the limit of 24% of its paid-up capital. Therefore, no further purchases of shares of this company would be allowed through STOCK exchanges in India on behalf of FIIs/RFPIs.

Ajit Prasad

Assistant General Manager


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Source: ENP Newswire


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