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Policy▲ Bullish for Indian equities

RBI eases bank stake rules, allows one-time approval for MFs, insurers for holdings up to 10%

2 sources · first seen 19:23 1 Oct · updated 19:44 1 Oct

The brief

Written from 2 reports · check the source before you trade
  • Eligible mutual funds and insurers can get one-time approval for bank holdings up to 10%
  • Simpler stake approvals may support Indian banks’ access to long-term institutional investors

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Linked by the tag RBI rules

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Read the reports

2 reports · earliest 19:23
Economic TimesRBI eases bank stake rules, allows one-time approval for MFs, insurers for holdings up to 10%19:23MoneycontrolRBI eases bank shareholding rules, allows one-time approval for repeat stake buys up to 10%19:44