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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.
OCT 18, 2017
11:31 AM

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Street Signs is a road guide to the trading day.. Hosted by Anuj Singhal and Ekta Batra, it highlights important news, market events and stock triggers of the day and analyses trading and investment ideas from different angles. Every day, a hot, burning market topic is put under the spotlight and di ... more »

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