A Reuters report suggests India is considering selling minority stakes in four state-run banks as part of an effort to comply with public shareholding requirements set by the securities and exchange board of India.

India prepares bank stake sale amid reform push

The government wants the Reserve Bank of India to set up a fund to buy out stressed assets of the country's top 25 shadow lenders and revive the financial sector, a government source told reporters on Thursday.

Government wants RBI to buy out stressed assets of shadow banks: Report

central-bank-of-india

Central Bank Of India, News on Central Bank Of India, stories on Central Bank Of India, articles on Central Bank Of India, Central Bank Of India stories at Wion, Central Bank Of India news, Central Bank Of India latest news

central bank-of-india

India prepares bank stake sale amid reform push

Government wants RBI to buy out stressed assets of shadow banks: Report