The Reserve Bank of India (RBI) has issued draft Reserve Bank of India (Acquisition and Holding of Shares or Voting Rights) Amendment Directions, 2026 for public consultation to simplify the approval process for subsequent acquisitions of major shareholding in banks by mutual funds, insurance companies and pension funds. The proposed amendments apply to commercial banks, small finance banks, payments banks and local area banks. RBI has invited comments from regulated entities, stakeholders and the public on the draft directions through its website or email before finalising the framework.
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