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RBI lifts restriction on foreign investment in IDFC

22 Jun 2017 Evaluate

Reserve Bank of India has notified that the foreign shareholding by Foreign Institutional Investors (FIIs)/ Foreign Portfolios Investors (FPIs) in IDFC have gone below the prescribed FII/FPI investment limit. Accordingly, the restrictions placed on the purchase of shares by FII/FPI of the company are withdrawn with immediate effect.

IDFC is the country’s leading integrated infrastructure finance player providing end to end infrastructure financing and project implementation services.

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