Projecting a growth rate of 6.8 percent and 6.1 percent in current and next fiscal, the IMF said that India is navigating a difficult external environment
Expressing concern over depleting forex reserves, an AIBEA leader said if the issue is overlooked, it may lead to severe economic crisis like in Sri Lanka
While observing that public sector banks are not enabled enough, the former SBI chief asserted that wholesale privatisation of PSBs is not the answer either
DIPAM is working on inviting EoI and will soon seek preliminary bids from investors for the privatisation of IDBI Bank, said Secretary Tuhin Kanta Pandey
The govt is likely to invite preliminary bids for privatisation of IDBI Bank by July-end and is currently holding roadshows in the US, an official said
Synopsis: Launching a fresh offensive against the Central government's policies, Bharatiya Janata Party (BJP) MP Varun Gandhi opposed the privatisation of banks and railways, claiming that it will render five lakh people jobless
The two-day nationwide bank strike against the government's privatisation plan for public sector banks (PSBs) affected the clearing of cheques worth around Rs 37,000 crore
The Centre is not considering the merger of any public sector bank (PSB) currently, said Minister of State (MoS) for Finance Dr Bhagwat Karad in the Lok Sabha
The CCEA, chaired by Prime Minister Narendra Modi, has given its in-principle approval for the strategic disinvestment, along with transfer of management control, of IDBI Bank Ltd