17th-Feb-2017 10:17Source: BSE
HDFC Bank Ltd has informed BSE about the RBI Press Release dated February 17, 2017 notifying that the foreign shareholding by American Depository Receipts/ Global Depository Receipts/ Foreign Institutional Investors (Flls)/ Foreign Portfolio Investors (FPIs)/ Foreign Direct Investments (FDI)/ Non-Resident Indians (NRIs)/ Persons of Indian Origin (PIOs) in the Bank has crossed the overall limit of 74% of the Bank's paid-up capital. Therefore, no further purchases of the Bank would be allowed through Stock Exchanges in India on behalf of Flls, FPIs, NRIs, PIOs.
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