Currently, while foreign investors, including portfolio investors, can own up to 74 per cent in Indian banks, regulations cap a strategic foreign investor’s stake at 15 per cent. However, the RBI can ...

Japan's Sumitomo Mitsui Banking Corporation (SMBC) has sought approval from the Reserve Bank of India to acquire an ...

Escalation of the protracted fight between the two, lingering on as a corporate and legal battle which now has turned into a ...