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| Exchange Disseminated Time | | Karur Vysya Bank Ltd has informed BSE that the Board of Directors of the Bank at its meeting held on September 07, 2010, inter alia, decided to increase the aggregate of Foreign investment cap from all sources (FDI / FII / NRI) from the existing limit of 24% to 35% (subject to the regulatory policy guidelines of February 2003 on acknowledgment for acquisition / transfer). The Board has decided to seek the approval of the shareholders and the Reserve Bank of India and other authorities, if any, for the same in due course. |
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