Tag: FDI limit in PSU banks

Only State Bank of India and HDFC Bank are the only Indian banks that rank among the Top 100 globally by assets. (Bloomberg)
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India weighs up to 49% foreign stake in PSU banks including SBI to fund growth| Business News

India is considering allowing foreigners to own up to 49% stake in its public sector banks as policymakers seek to bolster capital at these lenders…

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The government's number of shares in India's 12 public sector banks has not declined since 2020, but the percentage stake may have reduced due to fundraising moves, MoS Finance Pankaj Choudhary says in Parliament. (ANI Video Grab)
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PSU Bank stocks decline after govt denies any proposal to raise FDI limit in PSU banks| Business News

The government is not considering a proposal to increase the FDI limit for PSU banks, MoS Finance Pankaj Chaudhary said in the Parliament on Tuesday….

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The finance ministry has been for the past couple of months discussing with the RBI the matter of raising the FDI limit for PSU banks. (Livemint)
Posted in Business

India plans to hike FDI limit for PSU banks to 49% amid flurry of M&A deals| Business News

India is planning to raise the FDI limit in public sector banks to up to 49% amid a flurry of M&A deals in the private…

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