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IDFC falls 9% as RBI cuts FII limit to 54% in company

The company has asked all custodian banks not to make any further purchases through secondary market on behalf of their FII and NRI clients with immediate effect. It had send an e-mail on August 26 to stop purchases.

first published: Aug 26, 2013 02:40 pm

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