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HDFC Bank FII/NRI/PIO/FDI/ADR/GDRs Limit Reaches Its Threshold

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Mumbai (ABC Live):The Reserve Bank of India today notified that foreign share holding through Foreign Institutional Investors (FIIs)/Non Resident Indian (NRI)/Persons of Indian Origin (PIO)/Foreign Direct Investment (FDI)/Asset Development Reserve (ADR)/ Global Depository Receipt (GDR) in HDFC Bank Ltd. has crossed the overall limit of 49 per cent of its paid-up capital. Therefore, no further purchases ...

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