https://www.taxtmi.com/news?id=73826 Draft directions propose a simplified approval process for subsequent acquisitions of major shareholding or voting rights in banking companies by mutual funds, insurance companies and pension funds. The proposals cover commercial banks, small finance banks, payments banks and local area banks. Regulated entities, the public and other stakeholders may provide feedback through the Reserve Bank's online consultation facility or by email within the stated consultation period. en-us Wed, 15 Jul 2026 14:24:08 +0530 Wed, 15 Jul 2026 14:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73826 Draft directions propose a simplified approval process for subsequent acquisitions of major shareholding or voting rights in banking companies by mutual funds, insurance companies and pension funds. The proposals cover commercial banks, small finance banks, payments banks and local area banks. Regulated entities, the public and other stakeholders may provide feedback through the Reserve Bank's online consultation facility or by email within the stated consultation period. News - Wed, 15 Jul 2026 14:24:08 +0530 https://www.taxtmi.com/news?id=73826