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Topic: Business
Number of pages / Number of words: 2 / 528
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Besides, in the right circumstances, the presence of foreign firms reduces market concentration and promotes a more competitive market structure.

THE Reserve Bank of India has capped all categories of foreign investment in private banks at 49 per cent, ruling out majority holding (51 per cent). The ceiling of 20 per cent in public sector banks including State Bank of India (SBI) continues...


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Besides, in the right circumstances, the presence of foreign firms reduces market concentration and promotes a more competitive market structure.

THE Reserve Bank of India has capped all categories of foreign investment in private banks at 49 per cent, ruling out majority holding (51 per cent). The ceiling of 20 per cent in public sector banks including State Bank of India (SBI) continues...


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