Tag Archives: Private Sector Banks

Prior Approval for acquisition of shares in Private Sector Banks

By | November 19, 2015

RBI/2015-16/240 Master Direction No.DBR.PSBD.No.56/16.13.100/2015-16 November 19, 2015 Prior Approval for acquisition of shares or voting rights in Private Sector Banks: Directions, 2015 In exercise of the powers conferred by Sections 21 and 35 A of the Banking Regulation Act, 1949 and pursuant to the Section 12B of the Banking Regulation Act, 1949 as amended by… Read More »