North India Statesman
In a move set to overhaul capital structures across India’s state-owned banking ecosystem, the Union government is considering hiking the Foreign Direct Investment (FDI) ceiling in Public Sector Banks (PSBs) from the existing 20 percent to 49 percent. The Finance Ministry has prepared a draft Cabinet note on the proposed …
Read More »Govt Plans Big Push for PSU Banks: FDI Limit Set to Rise from 20% to 49%
