4 PSU banks to become private by end of this year; govt draws list of these names for stake sale

4 PSU banks to become private by end of this year; govt draws list of these names for stake sale

The PMO had written a letter to the Ministry of Finance to accelerate the process of privatisation. The government may privatise four PSU banks as early as by the end of this fiscal year, Reuters reported citing unidentified officials. The government has drawn a list of four PSU banks, namely, Punjab & Sind Bank, Bank … Read more