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FDI limit in PSU banks likely to be hiked from 20 pc to 49 pc
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New Delhi, Oct 21 (IANS) The central government is considering raising the foreign direct investment (FDI) limit in public sector banks (PSBs) from the current 20 percent to 49 percent. According to various media reports, the Finance Ministry has prepared a draft Cabinet note in this regard and has sought the views of other ministries on the proposed change. Reports say that the Reserve Bank of India (RBI) has also supported this proposal. The c…
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FDI limit in PSU banks likely to be hiked from 20 pc to 49 pc
New Delhi, Oct 21 (SocialNews.XYZ) The government is mulling raising the foreign direct investment (FDI) limit in public sector banks (PSBs) from 20 per cent to 49 per cent, according to multiple reports. Reports claim... - Social News XYZ
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