Categories: Business

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

HDFC Bank & IndusInd Bank have been put in the ‘red flag’ list, a system used for monitoring foreign portfolio investor (FPI) limits. A listed company enters the list when the available legroom for overseas investment is less than 3% of the permissible limit. FPIs can invest up to 74% in both HDFC Bank and IndusInd Bank.

Boost your General Awareness Knowledge with Adda247 Live Batch: TARGET GA BATCH | SBI Clerk Mains & RBI Assistant Mains Exams

The current FPI shareholding in case of HDFC Bank is 71.3 per cent, while that of IndusInd Bank is 73. 1 per cent. Besides these two, Novartis India and Procter & Gamble Hygiene and Health Care are the only other companies in the red-flag list.

Find More Business News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

India Plans Mandatory Automatic Emergency Braking in New Cars from October 2030

India is set to consider to making the Advanced Emergency Braking Systems (AEBS) mandatory in…

10 hours ago

ISRO to Launch NVS-03 Navigation Satellite on October 30, 2026

Indian Space Research Organization (ISRO), the NVS-03 navigation satellite will be launched on October 30ht…

11 hours ago

UNESCO World Heritage Sites of India – Day 2: Ajanta Caves History and Key Facts

The Ajanta Caves, which are located inside a horseshoe-shaped gorge in Maharashtra, contain some of…

12 hours ago

India Notifies New Telecom Rules for Testing Emerging Technologies

The Ministry of Communications, from the Department of Telecommunications (DoT) has notified the Telecommunications (Regulatory…

13 hours ago

SIMBEX-2026: 33rd India-Singapore Maritime Exercise Begins in Visakhapatnam

The 33rd edition of the bilateral maritime exercise between Singapore and India (SIMBEX-2026) commenced on…

14 hours ago

Folk Artist Devadas Chimakode Selected for Karnataka Janapada Award 2026

Venerable folk artist Devadas Chimakode has won the prestigious annual honorary award of Karnataka Janapada…

15 hours ago