Banking law
This query is : Resolved
18 July 2013
What is the Eligibility criteria to become Shareholder Director in PSU Bank ?
Please answer ASAP
Please answer ASAP
Ajay Mishra
(Expert)
18 July 2013
Check what such PSU Bank articles says on it.
If it is silent, then you can become shareholder of of such Bank.
If it is silent, then you can become shareholder of of such Bank.
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18 July 2013
If articles are silent, then any one can become shareholders director in PSU?
Ajay Mishra
(Expert)
18 July 2013
Yes, if article says about qualification shares then it will be very much possible, otherwise you can take shares of such company if it is available for purchase.
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Ajay Mishra
(Expert)
18 July 2013
I think, RBI guidelines will not apply on this matter.
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