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Non Operative Financial Holding Company Nofhc
Business  /  Published 27.11.21

26% cap on bank promoter stake

The Reserve Bank of India has raised the ceiling for long-run promoters’ holding in banks at 26 per cent of the paid-up equity share capital from 15 per cent earlier but ducked a decision on a c...
By Our Special Correspondent in Mumbai

Business  /  Published 24.11.20

Banks: not easy for big boys

The proposal by an RBI panel to let industrial houses set up banks and large NBFCs convert themselves into banks have enough deterrents to stop the big players in their tracks. In fact, the RBI had c...
By Our Special Correspondent in Mumbai


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