Indusind Bank's Hindujas welcome RBI move to up promoter holding to 26%

The RBI on Friday came out with revised guidelines on private sector banks, allowing for 26 % promoter ownership but did not go ahead with an internal working group's recommendation to allow corporates to promote banks after protests from various quarters including former governors.

from Banking/Finance-Industry-Economic Times https://ift.tt/3cRkPtl