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What RBI panel’s report means for banking sector, top banks, NBFCs and SFBs

By Bruhadeeswaran R

  • 20 Nov 2020
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What RBI panel’s report means for banking sector, top banks, NBFCs and SFBs
Credit: Reuters

An internal panel of the Reserve Bank of India has suggested allowing large corporate houses to own significant stakes in private-sector banks as part of far-reaching recommendations that can transform India’s banking sector. The internal working group also recommended letting promoters of private-sector banks to increase their stake from 15% to ......

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