Tuesday, October 26, 2021

Centre consults RBI for liberal PSB sale norms, looks for bigger pool of bidders

The main features of such a framework could include relaxations in ownership and management criteria for these banks to make room for a wider pool of bidders such as nonbanking finance companies (NBFCs) that are owned by corporate groups.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/centre-consults-rbi-for-liberal-psb-sale-norms-looks-for-bigger-pool-of-bidders/articleshow/87293637.cms

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