Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
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. 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 […]
State Bank of India is supportive of another wave of mergers among public sector banks as policymakers explore ways to build scale and finance growth in the world’s fastest-growing major economy. CS Setty, chairman of State Bank of India. “Some further rationalisation might make sense. There are still some smaller, sub-scale banks,” Challa Sreenivasulu Setty, […]
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 corner of India’s financial services industry, Reuters reported on Monday citing sources. The finance ministry has been for the past couple of months discussing with the RBI the matter of […]
