Synopsis Speaking to reporters in the financial capital, Sitharaman also said that the government has no plan to form any bank investment company to house the government stakes in banks.
In the union budget presented last week, Sitharaman had announced the privatisation of two banks as part of its disinvestment plan. Bank unions have opposed the move.
Mumbai: Finance Minister Nirmala Sitharaman on Sunday said the government will work with the Reserve Bank for execution of the bank privatisation plan announced in the budget. Speaking to reporters in the financial capital, Sitharaman also said that the government has no plan to form any bank investment company to house the government stakes in banks.
Govt to work with RBI to execute bank privatisation announced in Budget: FM
Finance Minister Nirmala Sitharaman also said that the government has no plan to form any bank investment company to house the government stakes in banks
BusinessToday.In | February 7, 2021 | Updated 18:49 IST
Finance Minister Nirmala Sitharaman had proposed privatisation of two banks in Union Budget 2021
Finance Minister Nirmala Sitharaman on Sunday said the government will work with the Reserve Bank of India (RBI) for execution of the bank privatisation plan announced in the Union Budget 2021. The FM, however, did not reveal the name of banks chosen for privatisation.
Speaking to reporters in Mumbai, Sitharaman also said that the government has no plan to form any bank investment company to house the government stakes in banks.
Read more about Working with RBI to execute bank privatisation announced in Budget: FM on Business Standard. Speaking to reporters in the financial capital, Sitharaman also said that the government has no plan to form any bank investment company to house the government stakes in banks
India Business News: Finance minister Nirmala Sitharaman on Sunday said the government will work with the Reserve Bank for execution of the bank privatisation plan announc
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Govt to work with RBI for execution of bank privatisation plan: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Sunday said the government will work with the Reserve Bank for execution of the bank privatisation plan announced in the budget. Speaking to reporters in the financial capital, Sitharaman also said that the government has no plan to form any bank investment company to house the government stakes in banks.
In the union budget presented last week, Sitharaman had announced the privatisation of two banks as part of its disinvestment plan. Bank unions have opposed the move. The details are being worked out. I have made the announcement but we are working together with the RBI, she said, when asked about the proposal.