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RBI advises banks to top stake in insurance agencies at 30%

Published On 30 Dec 2019 10:02 AM


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 The Indian Reserve Bank has requested that loan specialists slice their stakes in back up plans to 30%, as the financial controller endeavors to shield banks from dangers emerging out of their non-banking organizations and steer center to boosting credit development in an easing back economy, four individuals with direct information on the issue said. RBI educated the investors in a gathering a week ago that it will before long acquaint ....


Tags : Indian Reserve Bank, ICICI Bank Ltd, Kotak Mahindra Bank,
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