BANK INVESTMENTS SUBJECT TO FDI NORMS
Besides ICICI Bank, other lenders who have more than 50% foreign equity holding are HDFC Bank,
Yes Bank, IndusInd Bank, Federal Bank, ING Vysya and Development Credit Bank. As these banks are classified as foreign entities, they will have to follow Foreign Direct Investment (FDI) guidelines.
Yes Bank, IndusInd Bank, Federal Bank, ING Vysya and Development Credit Bank. As these banks are classified as foreign entities, they will have to follow Foreign Direct Investment (FDI) guidelines.
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