New Delhi: There is no proposal for raising Foreign Institutional Investment ceiling in public sector banks to 49 per cent from 20 per cent for capital mobilisation, Minister of State for Finance Anurag Singh Thakur informed the Lok Sabha on Monday. "No proposal to amend this, is currently under consideration of the government," he said while replying to a question …
The government is planning to list three to four financially strong regional rural banks on stock exchanges in the current fiscal after the conclusion of a consolidation exercise, sources said. Currently, the Centre holds 50 per cent in RRBs, while 35 per cent and 15 per cent are with the concerned sponsor banks and state governments, respectively. Even after stake …
