RBI proposes simplified regulations for institutional investors acquiring major bank shareholdings, introducing one-time approvals and tighter disclosure requirements.

RBI proposes simplified regulations for institutional investors acquiring major bank shareholdings, introducing one-time approvals and tighter disclosure requirements.

The RBI has proposed one-time approval for mutual funds, insurers and pension funds to increase bank shareholding up to 10% without repeated regulatory clearance. The move aims to…

MUMBAI: Reserve Bank of India has proposed changes to bank shareholding norms to ease investment by domestic institutional investors, while tightening disclosure and monitoring to…