The RBI on Friday came out with revised guidelines on private sector banks, allowing for 26 per cent promoter ownership but did not go ahead with an internal working group's recommendation to allow corporates to promote banks after protests from various quarters including former governors.
from The Financial Express https://ift.tt/3G81PUf
Saturday, 27 November 2021
Indusind Bank’s Hindujas welcome RBI move to up promoter holding to 26%
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