In addition as indicated in the July draft, where the investing entity is a corporate entity, it will be seen whether there is diversified shareholding of the investing entity.
For acquisition or investment exceeding the level of 30 percent the criteria will also take into account but will not be limited to whether (a) the acquisition is in public interest, (b) the desirability of diversified ownership of banks, (c) the soundness and feasibility of the plans of the applicant for the future conduct and development of the business of the bank; and (d) shareholder agreements and their impact on control and management of the bank.