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Monsoon session: Govt to amend key PSB privatisation laws

“Providing higher voting rights to the promoters will be the right step towards a more liberal banking system. The banks would need to walk the extra mile by adopting the right governance mechanism. This is required to convince tyeh RBI to change its current stance which is towards limiting promoter control,” said Shravan Shetty, MD – Financial Services, Primus Partners.


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