Privatisation Of Bank: Two private banks to be sold in the country, centre to speed up law change process
Privatisation Of Bank: The Modi government at the Centre had earlier amended the 'Banking Regulation Act' to pave the way for private investment in State-owned banks.
May 26, 2022, 11:23 AM IST
Bank Strike Today: SBI and other bank services across country hit
As a result of the two-day strike, services such as deposits and withdrawals at branches, check clearance, and loan applications are still delayed.
Dec 17, 2021, 10:50 AM IST
Crucial meeting on bank privatisation: THESE 2 banks are probable candidates
The members of the panel include secretaries in the departments of Economic Affairs, Revenue, Expenditure, Corporate Affairs and Legal Affairs, as well as the secretary of the administrative department. The panel also has the Department of Public Enterprises, Department of Investment and Public Asset Management (DIPAM) Secretary as its member.
Jun 27, 2021, 16:14 PM IST
THESE state-owned banks may be picked up for privatisation, govt likely to come out with VRS
Finance Minister Nirmala Sitharaman while unveiling Budget 2021-22 on February 1 had announced that the government proposed to take up the privatisation of two public sector banks (PSBs) and one general insurance company.
Jun 09, 2021, 09:03 AM IST
NITI Aayog submits privatisation list: THESE two banks are top contenders
The government had earlier indicated that banks under prompt corrective action (PCA) framework or weaker banks would be kept out of privatisation as it would be difficult to find buyers for them. This would have left three PSBs – Indian Overseas Bank, Central Bank and UCO Bank out of the government’s disinvestment plan.
Jun 04, 2021, 18:21 PM IST
Bank strike: Banking services to be affected today, over 10 lakh employees to join UFBC's two-day agitation
Banking operations across the country will be impacted on Monday (March 15) and Tuesday (March 16) as employees of various public sector banks decide to go on strike to protest against the proposed privatisation of two state-owned lenders.
Mar 15, 2021, 07:46 AM IST
Bank Strike: United Forum of Bank Union hold protest against privatisation of two public sector banks
10 lakh bank employees have been protesting in the country for the last one month and called for a two-day nationwide strike on March 15 -16.
Mar 12, 2021, 23:11 PM IST
Do you have an account in THESE 4 state-run banks shortlisted for privatisation? Is your money safe?
Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, while presenting the Union Budget FY 2021-22 in Parliament announced that government has approved a policy of strategic disinvestment of public sector enterprises that will provide a clear roadmap for disinvestment in all non-strategic and strategic sectors.
Feb 16, 2021, 16:13 PM IST
THESE 4 banks shortlisted for privatisation: Know the banks' total workforce, other details
Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, while presenting the Union Budget FY 2021-22 in Parliament announced that government has approved a policy of strategic disinvestment of public sector enterprises that will provide a clear roadmap for disinvestment in all non-strategic and strategic sectors.
Feb 16, 2021, 10:14 AM IST
Modi govt's big move! Four state-run banks shortlisted for privatisation: Reports
Two of those banks will be selected for sale in the 2021/2022 financial year which begins in April, the officials said. The shortlist has not previously been reported. The government, however, will continue to hold a majority stake in India`s largest lender State Bank of India, which is seen as a `strategic bank` for implementing initiatives such as expanding rural credit.
Feb 15, 2021, 18:01 PM IST
Bank privatisation is only solution
Neither the PCA nor any other framework can cure the banking sector, for the problem is structural rather than functional: it is the government ownership that is at the heart of the rot.
May 24, 2018, 16:19 PM IST
Nilekani bats for PSB privatisation in taxpayers interest
Introduction of technology-based solutions also makes it possible to cater to the requirements of the smaller borrowers, who were neglected in the pre-nationalisation era, the technocrat said.
Mar 21, 2018, 09:12 AM IST
Still wedded to Socialism, Congress has learnt nothing and forgotten nothing
The recent Congress plenary session has showed that the Congress still wants to undo the liberalisation that its own government started in 1991.
Mar 20, 2018, 12:16 PM IST
