......Since the banking regulator does not allow any financial services entity held by NOHC to engage in activities that can be undertaken by the bank, Tata Capital Housing Finance will be merged with the non-banking company. RBI’s draft norms suggest that the promoters of banks should bring down their shareholding below 40% within two years of the banks being operational. The banks will also have to be listed within this period.......
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment