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Bank Privatisation: Government Mulls Two Routes To Its End Goal
Government is toying with two options. One that will open the door to broader privatisation and another which is more piecemeal.
28 Jun 2021, 11:23 AM IST
As the government works towards privatising of public-sector banks, it’s toying with two possible routes towards that end goal. One that will need it to rally support of Parliament while opening up the possibility of broader privatisation down the road; the second may move things along quicker but allow only for case-by-case decisions.The Department of Financial Services is currently looking into the process of divesting the governme...
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