RBI tweaks norms related to acquisition for banks - Shahpur Turk CSC - Common Service Centre in Sonipat RBI tweaks norms related to acquisition for banks

17 January 2023

RBI tweaks norms related to acquisition for banks

The Reserve Bank of India on Monday tweaked norms related to acquisition and holding of shares in banks to ensure that their ultimate ownership and control remain well diversified and the major shareholders are 'fit and proper' on a continuing basis.

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