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Monday, January 16, 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.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/kdRHaQ7

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