RBI nod to Jammu & Kashmir govt to acquire over 16.76 cr shares in J&K Bank

In August, the lender had said that Sebi had exempted the Jammu & Kashmir government from complying with its norms on substantial acquisition of shares and takeovers in the proposed acquisition of 16,76,72,702 equity shares (6.06 per cent) of the bank during 2021-22.

from Markets-Economic Times https://ift.tt/3yCNHhu