HDFC Bank, IndusInd in ‘red flag’ list on nearing foreign investment cap

IndusInd Bank
  • HDFC Bank & IndusInd Bank have been placed in the ‘red flag’ list, a system used for observing foreign portfolio investor (FPI) limits.
  • A listed company enters the list when the available legroom for overseas investment is less than 3% of the sanctioned limit.
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