RBI
RBI Relaxes LAB Major Shareholding Norms for Institutional Investors
1 October 2026 · RBI
The RBI has updated shareholding directions for Local Area Banks, introducing one-time approval for subsequent major shareholding acquisitions by mutual funds, insurers, and pension funds. It also carved out exemptions for portfolio managers providing non-binding advisory services.
The RBI has updated shareholding directions for Local Area Banks, introducing one-time approval for subsequent major shareholding acquisitions by mutual funds, insurers, and pension funds. It also carved out exemptions for portfolio managers providing non-binding advisory services.
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