Press Release regarding Recommendations of the Internal Working Group to Review Extant Ownership Guidelines and Corporate Structure for Indian Private Sector Banks (dated-26.11.2021) – RBI.

  • 29th, November 2021
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Press Release regarding Recommendations of the Internal Working Group to Review Extant Ownership Guidelines and Corporate Structure for Indian Private Sector Banks (dated-26.11.2021) – RBI.

  • The report submitted by the IWG was placed on the RBI website on November 20, 2020 inviting comments of stakeholders and members of the public by January 15, 2021.
  • The consequential amendments in instructions/ circulars/ master directions/ licensing guidelines following the acceptance of the recommendations (with or without modifications) is being carried out and will be notified in due course. However, during the interregnum, all stakeholders may be guided by these decisions, refer attachment for further details.
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