💨 Abstract
The Indian government is planning to sell minority stakes in four state-owned banks - Central Bank of India, Indian Overseas Bank, UCO Bank, and Punjab and Sind Bank - to meet public shareholding norms set by the Securities and Exchange Board of India (SEBI). The government currently holds more than 93% in Central Bank of India, 96.4% in Indian Overseas Bank, 95.4%
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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