RBI GOVERNOR ON FDI IN BANKS As per FDI Policy, foreign banks are allowed to own 74% in Indian banks. Foreign banks can certainly have up to 26% stake in Indian banks Voting rights of foreign banks cannot be more than 26%. Have not seen any case where a foreign bank wants to own 26% of an Indian bank Foreign banks can go up to 100% ownership, so not allowing 26% seems to defy the logic We will review requirements when any requests are raised