Investment by FIIs/NRIs/PIOs under PIS : Karur Vysya Bank Ltd.

The Reserve Bank of India has today notified that the aggregate net purchases of equity shares in Karur Vysya Bank Ltd. by Foreign Institutional Investors (FIIs)/Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) under Portfolio Investment Scheme (PIS) have reached the trigger limit. Therefore, further purchases of equity shares in the primary/secondary market of this company would be allowed only after obtaining prior approval of the Reserve Bank of India.

Ajit Prasad
Assistant General Manager

Press Release : 2010-2011/1362