India Considering 49% Foreign Ownership in State-Run Banks
India is considering allowing foreigners to own stakes as large as 49% in state-run banks as policymakers look to bolster lenders’ capital to fund growth, without giving up control.
By Siddhi Nayak · Bloomberg Markets
India is considering allowing foreigners to own stakes as large as 49% in state-run banks as policymakers look to bolster lenders’ capital to fund growth, without giving up control.