Chhattisgarh HC: Complaints Without Disciplinary Action Cannot Affect a Judge's Seniority || Delhi HC Upholds Selection of India's Dressage Team For the 2026 Asian Games || MP High Court Orders State to Airlift Gas Pipeline Blast Victim to Ahmedabad For Treatment || Delhi HC: Memorandum of Past Oral Family Settlement Needs No Registration if No New Rights Arise || Chhattisgarh HC: Denying Marriage in Live-In Relationship Does Not Constitute Rape || Madhya Pradesh High Court: BSF Must Assess Criminal Charge Gravity Before Declaring Candidate Unfit || Bihar Tender Scam: Patna High Court Bars Media From Calling Accused 'Scamster' Before Trial || Gujarat HC Terms Plea ‘Wholly Misconceived’ and Imposes Rs. 2 Lakh Cost over ASI Somnath Survey || Gauhati HC Differs on Whether ED’s ‘Reason To Believe’ For Property Attachment is Confidential || MP High Court Grants Bail To Tehelka Journalist, Noting Implication After Exposing Foeticide Racket

Reserve Bank of India (Issue and Pricing of Shares by Private Sector Banks) Directions, 2016- (Reserve Bank of India) (21 Apr 2016)

MANU/RMIC/0067/2016

Banking

The Reserve Bank of India issued Master Directions on the issue and pricing of shares by private sector banks. Under the provisions, pricing of shares by listed banks will be as per the SEBI formula, while unlisted banks will price shares as per the Companies Act. Banks will have to report to RBI with full details of the issue upon its completion.

Relevant : Issue and Pricing of Shares by Private Sector Banks MANU/DBOD/0061/2010

Tags : PRIVATE BANK SHARE ISSUE PRICING

Share :