Moneycontrol PRO
The Learning Curve
The Learning Curve

business

Federal Bank gets go ahead from CCEA to hike FII holding

Federal Bank receives the Cabinet Committee on Economic Affairs (CCEA) go ahead to hike foreign institutional investor (FII) holding cap to 74 percent. Ekta Batra of CNBC-TV18 has details.

first published: Jan 21, 2014 10:42 am

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347