RBI
RBI Relaxes Major Shareholding Norms for Institutional Investors in Payments Banks
2 October 2026 · RBI
RBI has amended the Master Direction on Acquisition and Holding of Shares in Payments Banks to allow one-time approval for subsequent major share acquisitions by mutual funds, insurance companies, and pension funds. The amendment also excludes portfolio managers from indirect holding attribution when non-binding advisory conditions are met.
RBI has amended the Master Direction on Acquisition and Holding of Shares in Payments Banks to allow one-time approval for subsequent major share acquisitions by mutual funds, insurance companies, and pension funds. The amendment also excludes portfolio managers from indirect holding attribution when non-binding advisory conditions are met.
Back to Daily Updates