RBI Mulls If 15% Foreign Stake Limit In Bks Needs To Be Hiked: Srcs; Bain & Co: Move Long Overdue

Описание: CNBCTV18 broke the story that RBI is internally mulling if the 15% limit on foreign banks’ ownership of Indian banks needs to be raised. Reacting to this, Harsh Vardhan of Bain & Co says 'It’s a long overdue move as there is a strong need for long-term capital in Indian banks'. Further adds that there is pipeline of future PSU privatisation needed Latha Venkatesh, Mangalam Maloo & Nigel D'souza.

#reservebankofindia #rbi #foreignbanks #foreignbankownershiprules #indianbanks #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday

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