RBI Clears Way for Mergers and Acquisitions in Banking Industry - 20.11.2015

Reserve Bank of India (RBI) has said that it permit promoters/investors to own more than 10% if applicant meets certain conditions including if `it is in public interest' and in `desirability of diversified ownership.’, thereby opened doors for mergers and acquisitions in banking industry.

Tags : Reserve Bank of India Mergers and Acquisitions in Banking Industry

Share :