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NEWS
Bank privatisation to happen as per schedule: Sitharaman
Tue, May 30, 2023     Source : Financial Express
She was speaking at a press conference in Mumbai on the achievements of the Narendra Modi government in the last nine years.
NEWS
IDBI Bank privatisation: LIC to recover its investment by time of sale
Fri, Oct 21, 2022     Source : Financial Express
At the current market price, sale of 61 per cent stake would fetch about Rs 29,000 crore to the exchequer.
NEWS
Govt to soon invite bids for IDBI Bank privatisation: DIPAM Secy
Thu, Sep 15, 2022     Source : Economic Times
The government will soon invite preliminary bids from investors for the IDBI Bank stake sale and is working on the Expression of Interest (EoI) document, said Tuhin Kanta Pandey, secretary, Department of I...
NEWS
Not against bank privatisation, clarifies RBI
Sat, Aug 20, 2022     Source : Economic Times
The Reserve Bank of India (RBI) said that it is not opposed to bank privatisation and that arguments proposing a gradual divestment of state equity in government lenders, published a day earlier in a paper...
NEWS
Consultation Paper on Cryptocurrencies; advance action on bank privatisation under way
Tue, May 31, 2022     Source : Business Line
Discussions were held with the IMF, World Bank, and domestic stakeholders to prepare a crypto consultation paper. Global regulation to be studied before domestic legislation is readied
NEWS
Government on course on PSU bank privatisation: Sources
Thu, May 26, 2022     Source : Economic Times
The government is on course with the privatisation of two public sector banks (PSBs) and will take appropriate steps in the coming months, sources said.
NEWS
Govt holding roadshows for IDBI Bank privatisation to assess investor interest
Tue, Mar 22, 2022     Source : Economic Times
The government is holding roadshows for IDBI Bank privatisation and will come out with EoI after assessing investor interest, Minister of State for Finance Bhagwat Karad said on Monday.
NEWS
Banks headed for privatisation may get most of allocated funds
Wed, Feb 09, 2022     Source : Economic Times
The government could allocate a big chunk of the revised estimate of Rs.15,000 crore for bank capitalisation allocation for 2021-22 to banks identified for privatisation, as it is confident of moving ahead...
NEWS
No Cabinet decision on privatisation of two PSBs: FM Nirmala Sitharaman
Wed, Dec 22, 2021     Source : Economic Times
The Cabinet has not taken any decision on privatisation of two Public Sector Banks (PSBs), which the government had announced in Budget 2021-22, Parliament was informed on Tuesday.
NEWS
Bank privatisation not in one go, govt may retain at least 26% in 2 PSBs
Fri, Nov 26, 2021     Source : Economic Times
The government may not fully exit from the two state-run banks that are to be privatised and instead retain at least a 26% stake for the first few years
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