Economy / Banking System In India / FDI In Banks
FDI In Banks
- In Public Sector Banks (PSBs):
- FDI up to 20% is allowed.
- In Private Banks:
- FDI up to 74% is allowed.
- Up to 49% is automatic, and beyond that, it requires approval.
- Voting Rights:
- Voting rights are capped at 10% in the national interest.
