RBI nod mandatory for buying over 5% stake in private bank
RBI on Thursday said its prior approval will be required for acquisition of shares or voting rights in a private bank for increasing the aggregate holding to 5 percent or more, as it put in place detailed take purchase norms in banks.
Nov 19, 2015, 19:16 PM IST
EU investment bank seeks RBI nod to fund projects in Rupee
European Investment Bank (EIB), the world's largest multilateral borrower and lender, has sought Reserve Bank of India's approval to finance various infrastructure projects in the country in Indian rupee.
Mar 22, 2015, 15:20 PM IST
