According to the banking and government sources, the Central Government is planning to privatise over half of its banks owned by state as part of an overhaul of the banking industry. As per a government official, the first part of the plan would be to sell majority stakes in Central Bank of India, Bank of India, Indian Overseas Bank, Bank of Maharashtra, UCO Bank and Punjab & Sind Bank which will eventually lead to an effective privatisati....
Tags : Public sector banks, PSU, Central Government, Privatisation, UCO Bank,
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