HDFC’s monitoring system to be reviewed

As per the information on the websites of National Securities Depository (NSDL) and Central Depository Services (CDSL), both responsible for monitoring of FPI shareholding in listed firms, room has been created to buy 43.6 million shares in the lender.

The new system for monitoring the limits on investments flows will soon undergo test and then shares worth Rs 92 billion ($1.38 billion) in HDFC Bank will open for foreign portfolio investor (FPI) buying.