Additionally, the bank is required to list its shares within 3 years from the commencement of business to have diversified ownership and to ensure accountability and transparency through adequate disclosures.
  Thirdly, with a view to mitigating conflict of interest and to ensure that there is no self-dealing, the new banks will not be permitted to take any credit and investments (including investments in the equity/debt capital instruments) exposure on the Promoters/Promoter Group entities or individuals associated with the Promoter Group or their NOFHCs.