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The Reserve Bank of India (RBI) accepted the Centre’s request for allowing non-financial institutions and non-regulated entities to own more than 40 per cent of IDBI Bank. Non-financial institutions and non-regulated entities, such as private equity firms, currently, can own only 10 per cent and 15 per cent. In banks, regulated entities and public sector undertakings are allowed to hold up to 40 per cent. The RBI allows the holding of a higher stake, over 40 per cent, on a case-to-case basis. RBI Headquarters: Mumbai Governor: Shaktikanta Das Deputy Governors: MK Jain, MD Patra, M Rajeshwar Rao and T. Rabi Sankar IDBI Headquarters: Mumbai MD & CEO: Rakesh Sharma
The U.S. Indo-Pacific Command co-hosting Exercise Shanti Prayas IV with which country?
In the month of July, the Prime Minister of India Shri Narendra Modi visited to _______ state for the inauguration and laying the foundation stone for d...
Who was the winner of Ranji Trophy title 2022?
Which country has made a 21 days quarantine compulsory for the patients of the disease ‘MonkeyPox’ and became the first one to do so?
Which class of algae is commonly known as brown algae?
Which Directive Principle of State Policy is related to the Government of India's Ayushman Bharat Yojana?
The Ryder Cup is associated with which sport?
What partnership was established between KABIL and CSIR-NGRI?
Who was the leader of the Kutch or Cutch Rebellion of 1816–32, during which Arab and African forces were gathered in 1819 with the goal of expelling t...
What is the Gini coefficient for rural areas in India in 2023 as per recent findings?