Does the RBI ban list for NRI updated daily?

Zerodha (Trade with the best stock broker)

The RBI caution list and RBI ban list are available on the RBI website and are updated as and when the foreign investments reach the trigger limit or the ceiling.

The RBI caution list is updated and notified to all authorized dealers when the total holdings of Foreigner Institutional Investors (FII)/NRI reaches 2% below the applicable limit. Any further purchases are subject to RBI approval.

The ban list is updated d when the total holdings of FII/NRIs reach the statutory limit and no further purchases are allowed.


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