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FDI Limit In PSU Banks May Rise To 49%, Government Prepares Draft Cabinet Note As RBI Backs Proposal

FDI Limit In PSU Banks May Rise To 49%, Government Prepares Draft Cabinet Note As RBI Backs Proposal
Photo: Free Press Journal · view original

New Delhi: The Centre is reportedly considering increasing the foreign direct investment (FDI) limit in public sector banks (PSBs) from the existing 20 percent to 49 percent, a move aimed at attracting foreign capital into India's banking sector. Finance Ministry Seeks Feedback According to multi...

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