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    <title>RBI clears SBI Mutual Fund’s proposal to acquire up to 9.99 pc stake in Bandhan Bank</title>
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    <description>RBI approved SBI Mutual Fund&#039;s acquisition of up to 9.99 per cent of Bandhan Bank&#039;s paid-up share capital or voting rights, subject to compliance with the Banking Regulation Act, 1949, RBI Directions 2025, FEMA, and SEBI regulations. The approval expires if the specified major shareholding is not acquired within one year, the aggregate holding must not exceed the approved cap at any time, and any increase to or beyond 5 per cent after falling below that level requires prior RBI approval.</description>
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