Reserve Bank of India (RBI) has lifted restrictions on purchase of shares of IDFC by foreign investors. The restrictions were lifted after the shareholding of foreign institutional investors (FII) and other category of foreign investors fell below the prescribed threshold limit as specified in the FDI policy.
The FII holding in the company stood at 52.19% at the end of the June 2013 quarter, down from 53.23% in the previous quarter.
IDFC is the country’s leading integrated infrastructure finance player providing end to end infrastructure financing and project implementation services.
The FII holding in the company stood at 52.19% at the end of the June 2013 quarter, down from 53.23% in the previous quarter.
IDFC is the country’s leading integrated infrastructure finance player providing end to end infrastructure financing and project implementation services.
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