Govt may cut its stakes in PSU banks to 52%, says Sanjeev Sanyal1 min read . Updated: 06 Oct 2017, 10:28 AM IST
Planned consolidation in PSU banks may lead to 10-15 lenders that are majority owned by govt, down from the current 21, says principal economic adviser Sanjeev Sanyal
New Delhi: A planned consolidation in India’s state-run banking sector may lead to 10 to 15 lenders that are majority owned by the government, down from the current 21, a senior finance ministry adviser said on Friday.
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