RBI guidelines enhance bank group structures and flexibility
after close1 source ↓written by the desknot a recommendation
- that manage
- 12 groups
- of sectoral advances
- 55%
The RBI's new guidelines permit overlapping lending activities within bank groups, impacting 12 groups that manage 55% of sectoral advances. This approach standardizes rules while ensuring business flexibility, avoiding major disruptions. Banks must divest from exceeding shareholdings by March 2028, aligning risk management across entities.
Not investment advice. For informational purposes only.