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BANKS PRIVATISATION
What is Andy Burnham's 'Manchesterism' vision for the UK?Andy Burnham is now a leading contender to become the next Prime Minister. He brings his "Manchesterism" economic vision to national politi...- IDBI Bank share price rockets 19%. What’s triggering the massive surge?IDBI Bank shares rose sharply on Wednesday, extending a four-session rally amid heavy trading volumes and renewed optimism around the lende...
- PSU banks see sharp jump in green deposits FY26; deploy funds for clean transport, renewable energyIndian state-owned banks witnessed a significant rise in green deposits during FY26. This growth reflects growing depositor interest in sus...
- Govt needs to revive NITI Aayog's PSU, PSB privatisation program: Arvind PanagariyaFormer NITI Aayog vice chairman Arvind Panagariya urges the government to revive privatization of public sector undertakings and banks. He ...
- IDBI Bank stake sale back on table; Centre explores revival optionsThe bids remain ‘alive’ and the government is examining legal provisions under the tendering framework that allows for bids to be accepted ...
- Kotak CEO flags IDBI valuation concerns as privatization dragsIDBI Bank, backed by Life Insurance Corp. of India, reported quarterly earnings that missed estimates on Thursday, adding another layer of ...
- Airport operators urge MoCA for urgent relief amid 25% cut charges to compensate revenue lossAirport operators are requesting urgent government support. A 25 percent cut in landing and parking fees for domestic flights has impacted ...
- Will Budget take a pause on bank privatisation even as lenders hit a purple patch?The govt is now convinced that the PSBs are in very good shape and are more marketable than they have ever been, said Madan Sabnavis, chief...
- Ring-fencing privatisation: Bidders may soon have to give full legal disclosuresThe move comes after a key constituent of the successful bidder for Pawan Hans received an adverse order from the Kolkata bench of the Nati...
- RBI is ownership-neutral, says Governor Das on bank privatisationThe Reserve Bank of India, as the regulator of the banking sector, is neutral to ownership, Governor Shaktikanta Das told ETNow in an inter...
- Not against bank privatisation, clarifies RBIThe paper was published Thursday as part of the RBI Bulletin. A gradual approach to privatisation could help achieve the broader social obj...
- Bank privatisation should be gradual, motes RBI paperThe paper argued that while private sector lenders are more efficient in profit maximisation, public sector banks (PSBs) have done much bet...
- Advance action on bank privatisation underway: DFS secretaryIn the Union Budget for the financial year 2021-22, the government had announced its intent to take up privatisation of two PSBs in the yea...
- Govt holding roadshows for IDBI Bank privatisation to assess investor interestThe government is holding roadshows for IDBI Bank privatisation and will come out with EoI after assessing investor interest, Minister of S...
- NITI Aayog to finalise names of 2 public sector banks for privatisation soonNITI Aayog has been entrusted with the task of selection of names of two public sector banks and one general insurance company for the priv...
- State-run bank acquirers may be allowed to hold 26% stakeThe government currently owns more than 51% stake in all public-sector banks, which means an investor acquiring them would need to cut down...
- Bank privatisation: How should India go about it?Three key metrics of successful privatisation are competitive industry, good governance and sufficient capital to ensure solvency of, and p...
- Bidders for state banks should have deep pockets: RBI GovernorThe finance minister had announced earlier this month that the government would privatize two of the 12 state banks in the country without ...
- Bank of Maharashtra, three other PSBs rally up to 20% on hopes of privatisationThe four banks on the shortlist are Bank of Maharashtra , Bank of India, Indian Overseas Bank and the Central Bank of India, two officials ...
- Arun Jaitley rules out privatisation of public sector banksOn Friday, FICCI president Rashesh Shah said that he met the finance minister and asked him to begin the process of bank privatisation in a...
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