​​​
  1. ICICI Bank may be joined by Axis Bank, Yes Bank in MSCI India: Analysts

ICICI Bank may be joined by Axis Bank, Yes Bank in MSCI India: Analysts

MSCI India, which currently has only ICICI Bank among private sector banks, may see inclusion of Axis Bank and Yes Bank on merger of FPI and FDI limits, analysts say.

By: | Updated: March 9, 2015 6:10 PM

MSCI India, which currently has only ICICI Bank among private sector banks, may see inclusion of Axis Bank and Yes Bank on merger of FPI and FDI limits, analysts say.

Axis and Yes may have weight of 4 pct and 1 pct respectively in MSCI India – Analysts add

Weight of private banks in MSCI will rise from 2 pct now to 7 pct – Reuters

India’s federal budget removed the distinction between foreign direct investments and foreign portfolio investments

For HDFC Bank analysts say they need more clarity on whether the 21 pct shareholding of its parent is taken as domestic or not.

Source: Credit Suisse

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Go to Top