Foreign firms being allowed to acquire Indian banks imprudent, poses substantial risks: Congress
As foreign investment in India's banking sector grows, recent acquisitions have caught the attention of many. The Congress party expresses concern over the safety of these transactions. Notable takeovers include Laxmi Vilas Bank and Yes Bank, with Emirates NBD Bank now eyeing a controlling interest in RBL Bank.
As foreign investment in India's banking sector grows, recent acquisitions have caught the attention of many. The Congress party expresses concern over the safety of these transactions. Notable takeovers include Laxmi Vilas Bank and Yes Bank, with Emirates NBD Bank now eyeing a controlling interest in RBL Bank.
