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The Indian banking regulator is signalling possible rule changes ahead that would let foreigners own more of India's banks, ...
Reserve Bank Governor Sanjay Malhotra emphasized the stability in foreign ownership limits in banks. Currently set at 15%, ...
Analysts say foreign banks are keen for deals in India, the world's fastest-growing major economy, especially as it angles ...
The Reserve Bank of India last month bent its rules to let Japan’s Sumitomo Mitsui Banking Corp buy a 20 per cent stake in ...
RBI Governor Sanjay Malhotra says there are no immediate plans to raise foreign ownership in Indian banks beyond 15%, though ...
Currently, foreign direct investments limit is capped up to 74% in private sector banks, with 49% allowed via the automatic ...
The RBI allows a single foreign institution to hold 15 per cent in a lender and has made some exceptions like that of CSB ...
Speaking at the post-Monetary Policy Committee (MPC) press conference, RBI Governor Sanjay Malhotra stated that the current ...
India's central bank will release final regulations for gold lending by Monday, with more relaxed norms for small-ticket lending, governor Sanjay Malhotra said on Friday. In April, the Reserve Bank of ...
The Finance Ministry and the Reserve Bank of India, which issues the final rules ... directly owned foreign firms subject to FDI rules when it comes to changes in structure or ownership. In particular ...
Fitch Ratings says SMFG's 20% stake in Yes Bank could open doors for other foreign banks in India's banking sector, despite ...
The Indian banking regulator is signalling possible rule changes ahead that would let foreigners own more of India's banks, ...