Date:11/02/2006 URL: http://www.thehindubusinessline.com/2006/02/11/stories/2006021103180600.htm

Back FII investment cap in BoB reached

Our Bureau

Mumbai , Feb. 10

THE Reserve Bank of India has notified that no further purchases of equity shares of Bank of Baroda under Portfolio Investment Scheme should be made on behalf of Foreign Institutional Investors and Non-Resident Indians through stock exchanges in India.

The RBI has stated that the bank has reached the overall limit of 20 per cent of its paid up capital.