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Merchant Banking and Financial Services, III Semester (MBA), UNIT-1

Definition of Government Initiatives

   Posted On :  06.10.2021 11:12 pm

In its Budget for 2012-13, the Government has earmarked a capital of Rs 15,888 crore (US$ 3.11 billion) to be infused in public sector banks, regional rural banks and other financial institutions. Apart from this, the Government is also planning to set up a financial holding company that will raise funds for public sector banks.

Furthermore, the RBI has liberalised regulations pertaining to FCAs to provide operational flexibility to Indian entities making overseas direct investments. After satisfying stipulated requirements and conditions, Indian entities can open, hold and maintain FCAs abroad that would simplify the process of making overseas direct investments.
Tags : Merchant Banking and Financial Services, III Semester (MBA), UNIT-1
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