Moreover, there are also about 10 large listed public sector banks in which the non-resident / FII shareholding was close to the permitted ceiling of 20 per cent, as at March-end 2007. In these public sector banks, resident private shareholding would thus be close to thirty per cent only.
However, as a central bank, we cannot allow ourselves to fall in the face of these adversities,  but rather, we strive to turn those  challenges  into  opportunities for positive change. One of the biggest challenges that we’ve had to face during the four decades of our existence, was the global financial crisis of 2008.