FDI Cap in PSBs To Increase
Predictions point to raising FDI in PSBs from 20% to 49% to strengthen balance sheets, with the government retaining 51% control. Inter-ministerial consultations are ongoing, aiming to narrow gaps with private banks (up to 74% FDI). This trend could attract FPIs, who are increasing exposure to PSBs
Predictions point to raising FDI in PSBs from 20% to 49% to strengthen balance sheets, with the government retaining 51% control. Inter-ministerial consultations are ongoing, aiming to narrow gaps with private banks (up to 74% FDI). This trend could attract FPIs, who are increasing exposure to PSBs like SBI and PNB amid improved asset quality.
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