Question
The Reserve Bank of India (RB
- I has increased the maximum stake that promoters can hold in their banks to what percentage?
Solution
The Reserve Bank of India has raised the stake promoters can hold in their banks to 26 percent from 15 per cent now. The RBI has also given small finance banks (SFBs) more time to list as part of its move to align regulations to meet the requirements of a dynamic banking landscape.
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