Business Standard

Top 10 headlines: Govt's plans to privatise PSBs; RIL to sell 1.16% in Jio

From places of worships hotels reopening to RIL set to sell 1.16% in Jio to Abu Dhabi Investment Authority, here are top headlines this morning

Banking consortium
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The government will come up with a list of strategic sectors.

BS Web Team New Delhi
Banking to be a 'strategic sector', govt discussing privatising some PSBs

The Centre is likely to designate the banking/financial sector strategic under the new privatisation policy, the contours of which are nearing finalisation. A top government official said discussions had also been held on privatising some state-owned banks that are not on the consolidation list so far. According to the new privatisation policy, announced by Finance Minister Nirmala Sitharaman as part of the ‘Atmanirbhar Bharat’ package, the government will come up with a list of strategic sectors. Read More

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