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#RBIGuideline
- Capital requirement for Universal Bank & Small Finance Banks has raised to 1000 Cr. from 500 Cr. & 300 Cr from 200 Cr respectively
- Initial lock-in of 40% stake of promoters for 5 years (No Change)
- Capital requirement for Universal Bank & Small Finance Banks has raised to 1000 Cr. from 500 Cr. & 300 Cr from 200 Cr respectively
- Initial lock-in of 40% stake of promoters for 5 years (No Change)
- Maximum promoter stake raised to 26% of paid up voting equity share capital from 15%, in the long run of 15 years
- It applies to new as well as on existing banks
- Promoter can bring down holding to even below 26% after lock in of 5 years
- It applies to new as well as on existing banks
- Promoter can bring down holding to even below 26% after lock in of 5 years
- RBI is trying to stop corporates from entering banking
- Promoters can infuse more money so it will help banks in distress position
- It is important for the growth of banks as small shareholding affects individual's interest in business
- Promoters can infuse more money so it will help banks in distress position
- It is important for the growth of banks as small shareholding affects individual's interest in business
