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This Article is From Oct 20, 2014

Repco Home Gains; RBI Allows FIIs to Buy Shares

RBI allowed FIIs to buy up to 49 per cent in the company as foreign investments have fallen below the limit.

Shares in Repco Home Finance gain 5.1 per cent today after Reserve Bank of India allowed foreign institutional investors buy shares in the company.

RBI allowed FIIs to buy up to 49 per cent in the company as foreign investments have fallen below the limit.

Repco Home Finance was trading up 1.43 per cent at Rs 475.75, as of 10.14 am.

Copyright: Thomson Reuters 2014

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