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RBI allows to raise foreign holding up to 49% in BPCL

Discussion in 'Stock Market Discussions' started by capitalstars05, Jun 9, 2016.

  1. capitalstars05

    capitalstars05 New Member

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    The Reserve Bank of India (RBI) has allowed that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors ( RFPIs) can now invest up to 49% of the paid up capital of Bharat Petroleum Corporation Ltd. under the Portfolio Investment Scheme (PIS).
     
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