Announcement
22 Feb 2013
Source
Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
Implementation date
22 Feb 2013
Revocation date:
No revocation date
On 22 February 2013, the Reserve Bank of India published the guidelines for "Licensing of New Banks in the Private Sector". The new rules restrict foreign ownership in such banks.
Foreign...
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