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The government is considering mid-sized to small banks for its first round of privatisation to test the waters. In the coming years it could also look at some of the country's bigger banks, , privatisation, india, bank of maharashtra, bank of india, indian overseas bank, central bank
The four banks on the shortlist are Bank of Maharashtra , Bank of India, Indian Overseas Bank and the Central Bank of India.
Bank of India among four banks shortlisted for potential privatisation: Report Premium Manoj Kumar, , Reuters The other three banks on the shortlist are Bank of Maharashtra, Indian Overseas Bank and the Central Bank of India, according to a report The govt is considering mid-sized to small banks for its first round of privatisation to test the waters Share Via Read Full Story India's government has shortlisted four mid-sized state-run banks for privatisation, under a new push to sell state assets and shore up government revenues, three government sources said. Privatisation of the banking se...
The government is considering mid-sized to small banks for its first round of privatisation to test the waters.
(Representative image) NEW DELHI/MUMBAI: The government has shortlisted four mid-sized state-run banks for privatisation, under a new push to sell state assets and shore up government revenues, three government sources said. Privatisation of the banking sector, which is dominated by state-run behemoths with hundreds of thousands of employees, is politically risky because it could put jobs at risk but Prime Minister Narendra Modi's administration aims to make a start with second-tier banks. The four banks on the shortlist are Bank of Maharashtra, Bank of India, Indian Overseas Bank and the C...