India Prepares Bank Stake Sale Amid Reform Push
Edited By WION Video Desk
Published: Nov 20, 2024, 06:15 IST | Updated: Nov 20, 2024, 06:15 IST
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. According To The Report, The Finance Ministry Is Preparing To Seek Approval From The Federal Cabinet In The Coming Months For The Sale Of Stakes In Central Bank Of India, Indian Overseas Bank, Uco Bank, And Punjab And Sind Bank.
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