The move to balance ownership and control comes as some private sector banks have sought a relaxation in licensing norms, citing the regulator’s recent decision on Kotak Mahindra Bank. The RBI didn’t respond to queries.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-may-raise-promoter-holding-cap-in-pvt-banks/articleshow/75459486.cms
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