Question
As per the current FDI policy, the foreign shareholding
in private sector banks is allowed up to?Solution
- As per the current FDI policy, the foreign shareholding in private sector banks is allowed up to a ceiling of 74 per cent of the paid-up voting equity capital.
- The aggregate non-resident shareholding from FDI, NRIs and FIIs in the new private sector banks shall not exceed 49 per cent of the paid-up voting equity capital for the first 5 years from the date of licensing of the bank.
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