RBI issues Amendment Directions on ‘Simplified approval process for subsequent acquisitions of major shareholding in a banking company by mutual funds, insurance companies and pension funds’

The Reserve Bank, vide Press Release dated July 14, 2026 , had issued the draft "Reserve Bank of India (Acquisition and Holding of Shares or Voting Rights) Amendment Directions, 2026” , seeking comments / feedback from the regulated entities and members of public / other stakeholders on or before August 4, 2026. The draft Amendment Directions proposed to simplify approval process for subsequent acquisitions of major shareholding in a banking company by mutual funds, insurance companies and pension funds. 2. Feedback received on the above draft Amendment Directions has been examined and the con

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