Foreign Investors allowed by RBI to invest in South Indian Bank

Updated : 25-Jan-2014

Foreign Investors allowed by RBI to invest in South Indian Bank.

RBI said that the Foreign Institutional Investors (FIIs), Persons of Indian Origin (PIOs) and Non-Resident Indians (NRIs) have been allowed to make investments in the primary as well as secondary markets in India through the Portfolio Investment Scheme (PIS).