RBI decides to set up internally working group to look into the issue of ownership by ET NOW

RBI decides to set up internally working group to look into the issue of ownership

Video description:
The Reserve Bank of India's decision to set up an internal working group to look into the issue of ownership and control in private sector banks is a very welcomed long overdue decision. Though the present guidelines go back to 2005, and the broad contours have remained unchanged, RBI always wanted diversified shareholding. It also wanted to be sure that the promoter was somebody who was fit and proper. Particularly Kotak Mahindra is taking RBI to court, over the issue of RBI's mandate that they should reduce the promoter shareholding. Issues with Bandhan bank were also seen. Watch the video to know more! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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