The Reserve Bank of India ( RBI ) is allowing more foreign investors higher stakes in private sector lending , under exceptional circumstances , as part of its amendments to the guidelines . regulated , well - diversified , listed and privately run foreign financial institutions will now be able to own as much as 40 % of a private sector lender in India , with the ownership of non - regulated and non - diversified financial institutions remaining at 15 % .
The Reserve Bank of India (RBI) is allowing more foreign banks higher shareholdings in private sector banks, under exceptional circumstances, as part of its amendments to the guidelines. Regulated, well-diversified, listed and government run foreign financial institutions will now be allowed to own as much as 40% of a private sector lender in India, with the ownership of non-regulated and non-diversified financial institutions capped at 15%.