The RBI on Friday came out with revised guidelines on private sector banks, allowing for 26 % promoter ownership but did not go ahead with an internal working group's recommendation to allow corporates to promote banks after protests from various quarters including former governors.source https://economictimes.indiatimes.com/industry/banking/finance/banking/indusind-banks-hindujas-welcome-rbi-move-to-up-promoter-holding-to-26/articleshow/87946422.cms
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