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Zimbabwe’s banks have welcomed a new law that allows people to use cows, chickens and goats as collateral because it gives them security that they did not have before, Finance Minister Patrick Chinamasa said. Chinamasa who said the banks were too conservative and could run out of business if they did not lend out money
Finance Minister Nirmala Sitharaman told Parliament on Tuesday that the union cabinet has not taken any decision to privatise two public sector banks
Government is likely to hold discussions with Reserve Bank of India before a final decision is taken on the bill to privatise two public sector banks