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The government should go ahead with disinvestment of public sector banks (PSBs) as they are in good condition, SBI said in its research report on Monday. The report also pitched for the consolidation of existing governmentowned banks.
“As banks are in good condition, the government should take stance on disinvestment of PSBs,” the report titled ‘Prelude to Union Budget 2024-25’ said.
With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporation of India are selling an almost 61 per cent stake in the lender.
“They invited bids from buyers in October 2022. In January 2023, the Department of Investment and Public Asset Management (DIPAM) received several expressions of interest for the IDBI Bank stake on offer. We expect the government to clarify this in the Budget,” it said.
Bu hikaye Millennium Post Delhi dergisinin July 09, 2024 sayısından alınmıştır.
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Bu hikaye Millennium Post Delhi dergisinin July 09, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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Woman killed, 34 hurt as DTC bus crashes into metro pillar
A woman died and 34 people were injured when a DTC bus they were travelling in rammed into a pillar near Shivaji Park metro station in west Delhi on Monday morning, police said.
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Army Chief unveils adv research facility at CLAWS
General Upendra Dwivedi, Chief of the Army Staff, inaugurated the state-ofthe-art facility “Manthan Prangan” at the Centre for Land Warfare Studies (CLAWS) in New Delhi on July 22, 2024.
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Sensex and Nifty decline on caution ahead of Union budget
The rupee appreciates by 4 paise to 83.66 against dollar
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Centre and states' fiscal balances improved progressively: Eco Survey
The fiscal balances of the central and state governments taken together have improved progressively despite expansionary public investments, according to the Economic Survey 2023-24.
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'Need to generate 78.5 lakh jobs in non-farm sector till 2030'
The Survey tabled in Parliament on Monday provided a broad estimate of the number of jobs that the economy has to generate
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'RBI should stop looking at food inflation to decide interest rates
While retail inflation, measured by the movement in consumer price index, was at 5.08 per cent in June, food inflation was 9.36 per cent
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Mahima admits to facing politics in FILM INDUSTRY
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'Undemocratic attempt made to scuttle voice of PM'
Asserting that Parliament is not for ‘dal’ but for ‘desh’, Prime Minister Narendra Modi on Monday hit out at the Opposition, saying that some parties have practised “negative politics” and “misused” Parliament to hide their political failures.
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Over 200 mm of rainfall hits several areas of Mumbai in last 24 hours
Several locations in Mumbai received over 200 mm of rainfall in the 24 hours leading up to 8 AM on Monday, with the intense rain in the morning briefly disrupting local train services during the rush hour between Kalyan and Thakurli stations, causing delays.
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India-Bangladesh trade through Bengal land ports remains stalled
Trade between India and Bangladesh via West Bengal’s land ports has remained suspended for the second consecutive day on Monday due to ongoing violence in the neighbouring country, despite limited movement of passengers, officials said.