.........."The finance minister had also sought more clarity and hence it was suggested that consultations should be held with the RBI
on issues such as equity structure, share-holding pattern and
inter-linkages between banks, which may arise due to such a structure," a
finance ministry official, who did not want to be named, said. Finance
Minister P Chidambaram
is expected to give approval for the holding companies after the
Reserve Bank of India's suggestions have been incorporated in the
proposed model, the official said......
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