The government is considering raising the foreign direct investment limit in public sector banks from 20 per cent to 49 per cent.
A government proposal to raise the foreign direct investment limit in public sector banks from 20 per cent to 49 per cent was reported from New Delhi on October 21 by IANS.
The change would increase the permitted foreign ownership ceiling in public sector banks. The existing cap on foreign investment in these banks stands at 20 per cent.
Because the plan remains under consideration, no formal decision or implementation date has been announced. The report was issued by IANS from New Delhi.
Defence Minister Rajnath Singh evaluated the annual performance and operational achievements of 16 Defence Public Sector Undertakings during a high-level review meeting in New Delhi.
Punjab's 15 Oct bandh triggers a bank holiday; major banks advise customers to confirm branch operations and anticipate traffic disruptions.
Tata Trusts Chairman Noel Tata warned Tuesday that a public listing would increase market scrutiny, disclosure demands, and minority shareholder oversight, potentially reducing his influence over group strategy.
ISRO has publicly dismissed any move to privatise the agency, confirming it will stay the nation’s primary body for advanced space research, strategic missions and frontier capabilities.