Government Keen To Speed Up Stake Sale In Four State-Owned Banks: Report

Prime Minister Narendra Modi's office has asked officials to speed up the process of trimming government stakes in at least four primarily state-owned banks within the current fiscal year, news agency Reuters reported on Tuesday, quoting two officials familiar with the discussions. The sources said the four lenders are Punjab & Sind Bank, Bank of Maharashtra, UCO Bank and IDBI Bank, in which the government owns majority stakes throug...