Increasing private participation in banking will reduce fiscal bill: ICRA

The RBIs internal group to review the current guidelines pertaining to ownership and corporate structure of Indian Private sector Banks has suggested increasing the cap on promoter holding to 26% from the current level of 15%.

source https://economictimes.indiatimes.com/industry/banking/finance/increasing-private-participation-in-banking-will-reduce-fiscal-bill-icra/articleshow/79548663.cms