RBI allows 26% stake to promoters to benefit HDFC Bank, IndusInd and DCB: Sizy Philip

“RBI has been silent on NBFCs converting to banks and large corporates becoming more involved in the banking game. We feel RBI is taking a more calibrated approach and looking at how NBFCs are engaging with regulations at large which were announced earlier,” says Siji Philip, Senior Research Analyst, Axis Securities, RBI’s new circular on … Read more