Capital First: No headroom for FPIs

Shares of Capital First may come under pressure, as the Reserve Bank of India on Wednesday said foreign investors cannot buy more shares of the non-banking finance company. The shareholding of foreign institutional investors (FIIs)/foreign portfolio investors (FPIs) in Capital First has crossed the permissible limit of 24 per cent of its paid-up capital, RBI said. As of June 30, FPI holding in the company stood at 25.69 per cent.