RBI accepts key recommendations of IWG

RBI has accepted 21 key recommendations given by Internal Working Group (IWG) in November 2020. This is a quick summary of most significant points
Promoters in Indian Banks- A quick look at Guidelines, Data and twists!

A quick look at RBI guidelines and some data on Promoter holding in Indian Banks. Rules are rules, but RBI knows there is a need for some pragmatism too. So we have all kind of banks- with promoters, promoter-less and foreign promoters!