• search

RBI restricts further FIIs, NRIs and PIOs investment in ICICI

Written by: Staff

Mumbai, Apr 5 (UNI) The Reserve Bank of India (RBI) today restricted further purchases of equity shares of ICICI Bank Ltd, by Foreign Institutional Investors (FIIs), Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) under Portfolio Investment Scheme (PIS) through stock exchanges in India.

ICICI Bank has reached the limit of 74 per cent of its paid up capital, RBI said.


For Daily Alerts
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more