Besides public sector and private banks, the meeting on EV financing was attended by NBFCs and micro financial institutions. Under the PSL rules, a banking entity needs to lend 40% of the adjusted ...

The Central government is working on a detailed plan to reduce its 20% stake in five public sector banks, Business Standard reported on February 26. The strategy is being developed in collaboration ...

The Central government is preparing a detailed plan to dilute its 20 percent stake in five public sector banks each, Business Standard reported on February 26. The blueprint is being developed in ...

To dilute up to 20 per cent of its stake in each of five public-sector banks (PSBs) over the next four years, the Union government is developing a road map in consultation with the Department of ...

The heavy taxation burden, which has impacted the general public, seems to have fallen the heaviest on banks. The banking summit repeatedly emphasised the importance of the banking sector in the ...

has invited bids from merchant bankers to assist in the government’s proposed stake sale in public sector banks (PSBs) and listed public financial institutions (PFIs). According to the request for ...

New Delhi, Feb 24 (PTI) The Department of Investment and Public Asset Management (DIPAM) on Monday invited bids from merchant bankers and legal firms to assist the government divest its stake in ...

on Monday invited bids from merchant bankers to assist the government in its planned stake sale in public sector banks and listed financial institutions. The Department of Investment and Public Asset ...

To strengthen financial stability and build countries’ capacity for crisis management, WBG works with governments and the private sector.

Among the public financial institutions, some equity in LIC could be diluted. As on date, the government holds 96.5 per cent stake in LIC. On December 20, 2023, the Department of Economic Affairs ...

MANILA, Philippines – The Bangso Sentral ng Pilipinas (BSP) reminded banks to accept “unfit” or “mutilated” currency from the public. According to BSP, paper banknotes and polymer are co ...