New Delhi, May 5 (IANS) With an aim to enable the further recapitalisation of public sector banks (PSBs), the Finance Ministry may seek a relaxation for PSBs in the market regulator Sebi's norms for entities requiring promoters to have 75 per cent holdings in them, according to a senior official source.

The Securities and Exchange Board of India (Sebi) listing norms mandate that every listed entity will maintain a minimum public shareholding of 25 per cent. 

The government shareholding in many state-run banks is currently above 75 per cent. In case of their further recapitalisation, this will go up over 90 per cent in some cases and also touch 99 per cent.