BRIEF-India cenbank removes HDFC Bank from foreign investment ban list

BRIEF-India cenbank removes HDFC Bank from foreign investment ban list

Last Updated: Thu, Feb 16, 2017 18:20 hrs

Feb 16 (Reuters) - Reserve Bank of India:

* RBI: Monitoring of foreign investment under PIS in Indian companies - removal from the ban list – HDFC Bank Ltd.

* RBI: Restrictions placed on the purchase of shares of HDFC Bank are withdrawn with immediate effect Source text: http://bit.ly/2lb6XP3

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