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You are Here : Pvt banks will need RBI nod to divest stake: ALMT Legal

Friday, 10:07

The government will release a composite FDI circular in September, that may amend the previous press notes 2, 3, 4 of 2009. This is likely to have far reaching consequences on definition of foreign ownership and control of banks. In an interview with CNBC-TV18, Hitesh Jain of ALMT Legal gave his perspective on ownership control.
APR 27, 2017
02:33 PM

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