Monday, November 23, 2020

S&P sceptical of allowing corporates into Indian banking

A working group at the Reserve Bank of India recommended a series of changes, details of which were made public last week, that include allowing industrial houses to act as so-called bank promoters, meaning they could take a major stake in a lender.

from Banking/Finance-Industry-Economic Times https://ift.tt/37fwjUv

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