Privatisation Of Psu Banks

Is the govt going slow on privatisation?

Barring Air India, the govt has made little progress on the disinvestment front. But, why? This report offers a peek into the government's disinvestment drive and tells why it is in the slow lane?

Centre seeks to grant bank licence to PSBs to enable privatisation

The government is exploring several options to address the issue for enabling privastisation of PSBs

PSUs face further investment apathy; privatisation may struggle: Analysts

The bulk of the earnings reduction over the past two months for the Nifty-50 index, according to KIE, has come from the government's decision to levy new taxes

TMS Ep97: Budget session, bank privatisation, markets, expenditure budget

What to expect in the Budget session? What to expect on bank privatisation and subsidy reform? What data points of Economic Survey are markets eyeing? What is Expenditure Budget? All answers here

Privatisation buzz lifts Indian Overseas Bank, Central Bank stocks by 20%

The stock of the Mumbai-based Central Bank was locked in the upper circuit at Rs 24.30 on the back of an over 2x jump in trading volumes. A combined 88.5 million shares changed hands

Making bank privatisation exemplary

The policymakers could have chosen no better time than this financial year as the financial quality of the PSB balance sheets has improved this year compared with the last few years

Privatisation hope lifts Nifty PSB index 5%; BoI, IOB gain 40% in 2 days

Finance Minister Nirmala Sitharaman proposed to divest stake in two PSBs while unveiling Budget 2021 proposals

Bank of Maharashtra, IOB: Privatisation buzz sparks rally; should you buy?

The overall trend is optimistic till the Nifty PSU index defends the support of 2,000 mark on the closing basis

How will we give jobs? PM Modi's strong pitch for privatisation

Letter to BS: Can private banks offer services at affordable prices?

It is time half-hearted measures to improve the functioning of the urban co-operative banks (UCBs) end

PSU banks' privatisation not answer, empower bank boards: Industry

Balakrishnan said India's savings rate also is very high and PSBs provide the required safety net and comfort for savers

Proof of concept: Govt should consider a test case for bank privatisation

Demand for erstwhile public sector banks might build up among possible acquirers, leading to the discovery of more remunerative prices

Govt-as-investor in public sector banks

The fundamental point is that India's PSBs need to be cleaned up and made saleable before the government can think of divesting a large part of its ownership in the restructured banks

Let all public sector banks, except key ones, be privatised: C Rangarajan

The government should look at allowing the public sector banks to raise funds through private participation beyond 49 per cent, by keeping some of the key banks under the control of the state, said former Reserve Bank Governor C Rangarajan. This would make capital available to strengthen a few banks for the interest of the country.Speaking about the current trends in finance and economics in the International Conference on Finance and Economics (ICFE 2017), organised by Loyola Institute of Business Administration, Rangarajan, who is also the former chairman of The Prime Minister's Economic Advisory Council, said "My own advise would be to keep some of the key banks under the control of the State and provide adequate capital from the system and let the others to be privatised or to be allowed to increase the capital by private participation beyond 49 per cent"."This is not an ideological argument, but a purely pragmatic argument that the ability of the system to provide additional ...