PSBs Could Attract Up to Rs 30,000 Crore If Foreign Cap Rises to 49%
Public sector banks have told the government that lifting the foreign investment cap in state-run lenders to 49% from 20% could trigger passive inflows of Rs 30,000 crore or more, according to people familiar with the discussions. State Bank of India alone could see about Rs 20,000 crore in inflows if its MSCI India index weight rises, underscoring the scale of potential portfolio demand.
