Search For "bank privatisation"
IDBI Bank shares surge on bad loan recovery, privatisation buzz
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], August 26 (ANI): Share price of IDBI Bank surged by around 7 per cent on Friday after the company's top executive expressed hope that the lender may recover around one-fourth of nearly Rs 78,000 crore of bad loans and the government is likely to speed up privati
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Gradual approach to bank privatisation would result in better outcomes: RB
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], August 19 (ANI): The Reserve Bank of India (RBI) on Friday issued a clarification on a report related to privatisation of public sector banks, as published in August 2022 issue of the RBI Bulletin, saying it does not represent the central bank's views.
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2-day bank strikes hit banking, ATM services
Updated : 4 years, 5 months ago IST
New Delhi (India), December 16 (ANI): Employees of several public sector banks, including State Bank of India (SBI), Punjab National Bank (PNB), and Bank of Baroda, are on a two-day strike starting Thursday to protest against the proposed privatization of the state-run lenders.
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India's bank privatisation plans can face hurdles amid Covid: Fitch
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra), June 7 (ANI): The Indian government's plan to privatise two state-owned banks in current financial year (FY22 ending March 2022) can face delays amid renewed challenges for banking sector, Fitch Ratings said on Monday.
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