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Fema / RBI | RBI Amends Local Area Bank Shareholding Rules with One-Time Approval for Qualifying Investors

2 Oct 2026 · 2 Oct 2026By EditorSource: TaxGuru

RBI permits one-time approval for subsequent major share acquisitions by qualifying mutual funds, insurers and pension funds in Local Area Banks. The post RBI Amends Local Area Bank Shareholding Rules with One-Time Approval for Qualifying Investors appeared first on TaxGuru .

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Original credit: Editor. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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