Govt Mulls Stake Sale In 4 PSU Banks To Meet 25% Public Shareholding Norm
The Central Government is considering reducing its stake in four public sector banks to 75% as part of efforts to meet minimum public shareholding requirements, as per a report by the Economic Times. The banks under consideration are Central Bank of India, UCO Bank, Punjab & Sind Bank and Indian Overseas Bank. The Centre is also exploring another round of consolidation among state-owned lenders,…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.
