You Searched For "Privatisation of Banks" and got 20 results
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3 mins read
Time to push divestment of state-owned banks, says SBI report
With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporatio…
PTI
1 min read
IDBI Bank privatisation on track says DIPAM secretary
Debunking media reports which indicated a possibility of deferment of IDBI Bank disinvestment, the …
PTI
1 min read
Govt invites bids for IDBI Bank privatisation; Govt, LIC to sell 60.72%
The government on Friday invited bids from investors for privatising IDBI Bank by selling a total o…
PTI
2 mins read
Government is reportedly planning to privatise Indian Overseas Bank and Central Bank of India — stocks jump up to 20%
The news triggered shares of both the banks as they spiked up to 20% in Wednesday’s trade. At …
2 mins read
Finance Ministry to stick to privatisation of already announced CPSEs next fiscal
In the current fiscal, the government had budgeted to collect Rs 65,000 crore from disinvestment…
PTI
5 mins read
Bank unions strongly oppose divestment, a bad bank and threaten to strike
Banking unions aren’t happy with the government’s plans to divest stake in public sector banks (PSB…
4 mins read
Bank of India, Central Bank of India, Indian Overseas Bank, and Bank of Maharashtra rally by over 19% on hopes of privatisation
While the government has not commented on this development, the four shortlisted banks are leadi…
2 mins read
Tata Steel's arm to buy debt-ridden Neelachal Ispat Nigam for ₹12,100 crore from government
The Centre's 'Alternative Mechanism' approved the bid for buying 93.71 per cent of shares of JV …
4 mins read
Indian banking will maintain its growth momentum: South Indian Bank MD & CEO
Growth in credit, mergers and acquisitions, digital initiatives by the Reserve Bank of India (RBI),…
2 mins read
New general insurance law will allow the government to privatise some state-owned insurers
The General Insurance Business (Nationalisation) Amendment Bill, 2021 was passed by the Rajya Sabha…
2 mins read
Bank mergers before privatisation is one of three biggest headlines from RBI governor Shaktikanta Das’ interviews
The RBI governor would like to merge and reduce the number of government banks before any talks …
2 mins read
RBI clarifies that it is not against privatization of public sector banks
India's central bank has come out with a clarification denying that it is against privatization of …
2 mins read
BPCL cooking gas customers will continue getting subsidy post privatisation but government will not reimburse the cost
Cooking gas customers may continue receiving subsidy into their bank accounts post privatisation of…
4 mins read
Two-day Bharat Bandh: Essential services likely to be affected
Some of the essential services related to banking, transportation, railways and electricity are lik…
PTI
2 mins read
PSU bank employees to go on two-day strike from Thursday; services likely to be hit
Close to nine lakh employees of various state-run banks will go on a two-day nation-wide strike beg…
PTI
5 mins read
'We want to finish the handover quickly, because we are paying ₹20 crore a day to run the airline,' says DIPAM Secretary on privatisation of Air India
Earlier this month, the government had accepted an offer by Talace Pvt Ltd, a unit of the hold…
PTI
4 mins read
Tamil magazine editor S. Gurumurthy 'pressurised' to take up RBI Board position
As a post script in his email, Gurumurthy told Venkatachalam: "You all think that me being in the R…
2 mins read
Modi government privatises power utilities in Union Territories — wants states to follow suit
A series of reforms have been announced for the power sector, the latest of them is the privatisati…
2 mins read
The RBI has a coin distribution problem - and it might be thinking about outsourcing the job to someone else
It seems that Indians are losing interest in using coins - not only because of their weight but als…