RBI keeps big business houses out of banking
RBI keeps big business houses out of banking
https://ift.tt/3CVPLDr Reserve Bank of India has not accepted a proposal to consider large corporates or industrial houses for a banking licence. It has however allowed promoters of banks to hold up to 26% in their banks, which is a positive for many lenders including Kotak Mahindra Bank, IndusInd Bank, Bandhan Bank and CSB Bank. The new norms allow those who have already diluted stakes to hike their shareholding.
https://ift.tt/eA8V8J from Times of India https://ift.tt/3CVPLDr
via Blogger https://ift.tt/3I09Z2r
November 27, 2021 at 01:31AM
https://ift.tt/3CVPLDr Reserve Bank of India has not accepted a proposal to consider large corporates or industrial houses for a banking licence. It has however allowed promoters of banks to hold up to 26% in their banks, which is a positive for many lenders including Kotak Mahindra Bank, IndusInd Bank, Bandhan Bank and CSB Bank. The new norms allow those who have already diluted stakes to hike their shareholding.
https://ift.tt/eA8V8J from Times of India https://ift.tt/3CVPLDr
via Blogger https://ift.tt/3I09Z2r
November 27, 2021 at 01:31AM
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