Discussion Forum : Nabard & Other Bank Examinations
Question -
What is the current FDI limit in private sector banks without government approval?
Answer: Option C
AT PRESENT, FDI OF UP TO 49 PERCENT IS ALLOWED IN PRIVATE BANKS WITHOUT THE PERMISSION OF THE GOVERNMENT, AND UPTO 74 PERCENT CAN BE INVESTED WITH THE GOVERNMENT’S APPROVAL.
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AT PRESENT, FDI OF UP TO 49 PERCENT IS ALLOWED IN PRIVATE BANKS WITHOUT THE PERMISSION OF THE GOVERNMENT, AND UPTO 74 PERCENT CAN BE INVESTED WITH THE GOVERNMENT’S APPROVAL.
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