RBI grants one‑time nod for MFs, insurers to boost bank stakes up to 10%
The RBI’s draft circular lets mutual funds, insurance companies and pension funds obtain a single approval to increase their shareholding in any bank up to 10% after the initial 5% acquisition, eliminating repeated clearances. Stake‑holders have until Aug 4 2026 to comment. The move could streamline institutional investment and reshape bank ownership dynamics.