Tag: PSU Banks

The government's number of shares in India's 12 public sector banks has not declined since 2020, but the percentage stake may have reduced due to fundraising moves, MoS Finance Pankaj Choudhary says in Parliament. (ANI Video Grab)
Posted in Business

PSU Bank stocks decline after govt denies any proposal to raise FDI limit in PSU banks| Business News

The government is not considering a proposal to increase the FDI limit for PSU banks, MoS Finance Pankaj Chaudhary said in the Parliament on Tuesday….

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Posted in Economy

More Indian lenders to appear in top 100 global banks list soon: RBI Guv Sanjay Malhotra

India will soon have more domestic lenders featured in the top 100 global banks list, given the pace of economic expansion and growth in the…

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The finance ministry has been for the past couple of months discussing with the RBI the matter of raising the FDI limit for PSU banks. (Livemint)
Posted in Business

India plans to hike FDI limit for PSU banks to 49% amid flurry of M&A deals| Business News

India is planning to raise the FDI limit in public sector banks to up to 49% amid a flurry of M&A deals in the private…

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