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RBI Issues Shareholding Norms for Private Sector Banks - (13 May 2016)

Reserve Bank of India (RBI) has issued new guidelines on ownership in private sector banks by bundling shareholding patterns into two broad categories of individuals (natural persons) and legal entities/institutions, but retained the cap on foreign ownership at 74 per cent.

Tags : RESERVE BANK OF INDIA   PRIVATE SECTOR BANKS  

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