RBI Allows Overseas Investors To Buy Stake In MCX

New Delhi: The Reserve Bank has allowed overseas investors to buy equity shares in Multi Commodity Exchange (MCX) after foreign shareholding in the bourse fell below the prescribed threshold caution limit. The aggregate share holdings in Multi Commodity Exchange of India by Foreign Institutional Investors/Registered Foreign Portfolios Investors have gone below the prescribed threshold caution limit stipulated under the extant FDI po...