Monday, November 5, 2012

'Government to take a view on bank holding co structure after RBI comments'


The Finance Ministry will take a final view on the structure of proposed holding company for public sector banks only after receiving RBI's comments which are expected by November 10, officials said. "RBI has some concerns. They are examining it. Once we get the comments of RBI, then a final decision will be taken," official sources said. "RBI's comments should come by the 10th (of November), let's see. Once RBI clears it, it should not take much time," sources said. ......

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