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Reputation: 642,897  •  Apr 30, 2020 9:58 PM
PSB merger: Insurance companies to see stake changes over next one year
PSB merger: Insurance companies to see stake changes over next one year
Merged PSU bank stakes in insurance companies have to be reduced to below 10 percent to avoid violation of rules. IRDAI laws say that one bank cannot be a promoter in multiple insurance companies.
Moneycontrol

https://www.moneycontrol.com/news/business/companies/psb-...
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