RBI's approval letter to SBI chairman Dinesh Khara on 30 June stated that the subsidiary, State Bank Operations Support Services Pvt. Ltd, with an equity investment of up to 10 crore, should not engage in any new activity without prior approval, and any changes to its equity or business structure or nature would also require the regulator's approval.
As part of the approval process, RBI asked SBI to make changes to its memorandum of association, a document defining the purpose and role of a firm.
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Denne historien er fra January 04, 2023-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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