Centre consults RBI for liberal PSB sale norms, looks for bigger pool of bidders

The main features of such a framework could include relaxations in ownership and management criteria for these banks to make room for a wider pool of bidders such as nonbanking finance companies (NBFCs) that are owned by corporate groups.

from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/3Eiicwd
via IFTTT