Clamour grows for review of RBI’s ownership rules for private banks as Kotak deadline approaches

As an RBI deadline ends on Monday for Kotak Mahindra Bank to reduce promoters' stake, clamour has increased for a review of the central bank's ownership guidelines for the country's private sector lenders.

from The Financial ExpressBanking & Finance – The Financial Express http://bit.ly/2Vg1Qi4