https://www.taxtmi.com/circulars?id=54460 The Directions grant general permission to private sector banks to issue shares by public issues, private placements, rights issues and bonus issues, subject to compliance with FEMA, foreign investment policy, SEBI guidelines and the Companies Act; corporate approvals must be obtained. Pricing must follow SEBI formula for listed banks and Companies Act rules for unlisted banks. Allotments triggering threshold holdings require prior regulatory approval and post-allotment reporting of issue details, allottee names and post-allotment shareholding to the regulator in the prescribed format. en-us Thu, 21 Apr 2016 00:00:00 +0530 Fri, 22 Apr 2016 14:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=54460 The Directions grant general permission to private sector banks to issue shares by public issues, private placements, rights issues and bonus issues, subject to compliance with FEMA, foreign investment policy, SEBI guidelines and the Companies Act; corporate approvals must be obtained. Pricing must follow SEBI formula for listed banks and Companies Act rules for unlisted banks. Allotments triggering threshold holdings require prior regulatory approval and post-allotment reporting of issue details, allottee names and post-allotment shareholding to the regulator in the prescribed format. Circulars FEMA Thu, 21 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54460