Page 3 - Banks Privatisation
Privatisation of banks: The sequencing must be right
It would be naïve to read the recent Union Budget announcement on privatisation of two public sector banks as a signal of the government's intent to altogether exit the banking sector. That is not goi
Best of BS Opinion: Climate-resilient grains, bank privatisation, and more
Here's a selection of Business Standard opinion pieces for the day
 "Best of BS Opinion: Climate-resilient grains, bank privatisation, and more")
NITI Aayog submits first list of about 12 PSUs for privatisation
Banks, insurers part of the list as process kicks off
 "NITI Aayog submits first list of about 12 PSUs for privatisation")
Bank privatisation as an experiment
The government must test the efficacy of privatising two banks first before going the whole hog
A change in direction
After years of disappointing growth, the economy and the markets are poised for a breakout
 "A change in direction")
Start with smaller banks
Govt must have a clear road map for PSB privatisation
 "Start with smaller banks")
Govt shortlists four mid-sized state-run banks for privatisation: Report
The four banks on the shortlist are Bank of Maharashtra , Bank of India, Indian Overseas Bank and the Central Bank of India
 "Govt shortlists four mid-sized state-run banks for privatisation: Report")
Bank Unions plan to go on strike against privatisation on March 15-16
Meet in Hyderabad to discuss Budget announcements on privatisation of IDBI Bank and two Public Sector Banks, setting up bad bank, LIC disinvestment among other things
 "Bank Unions plan to go on strike against privatisation on March 15-16")
Centre may have no stake in public sector banks after privatisation
Wants RBI to relax the rules on ownership in private sector banks
 "Centre may have no stake in public sector banks after privatisation")
SBI, Bank of Maharashtra: PSU bank stocks are showing a breakout formation
Among individual stocks, Punjab National Bank jumped 5.2 per cent to Rs 34.6 apiece on the NSE in the intraday trade
 "SBI, Bank of Maharashtra: PSU bank stocks are showing a breakout formation")
Accept it or not, privatisation is on
The writing on the wall says privatisation of banking is inevitable; how it is done is a matter of academic interest
 "Accept it or not, privatisation is on")
Govt adopts a new approach to bring reforms in public sector banks
FinMin has asked govt-owned banks to capture 42 questions on credit, non-performing assets, Mudra loans, agriculture
 "Govt adopts a new approach to bring reforms in public sector banks")
Some PSU banks can be privatised but this isn't the right time: SBI chief
According to him, it would take at least two years for the banks to be strengthened for divestment
 "Some PSU banks can be privatised but this isn't the right time: SBI chief")
