Valuing Bank Stocks

.....A bank is not at all like other industries in respect of ownership. In fact, being an owner of a bank is very demanding and legally complex. Firstly, the Reserve Bank of India (RBI) puts a limit on the ownership in a bank. The main promoter cannot have a clear majority. The day-to-day functioning, the deployment of the bank’s assets, etc, are all subjected to guidelines laid down by law.......

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