Govt plans to sell 10 pct stake in Rashtriya Ispat Nigam

NEW DELHI (Reuters) - The new government plans a public listing of steel company Rashtriya Ispat Nigam Ltd and will sell a 10 percent stake this fiscal year ending March, Finance Minister Arun Jaitley said on Friday.

The government is also planning to sell a 5 percent stake in state-run Steel Authority of India Ltd this fiscal year to shore up its finances.

(Reporting By Rajesh Kumar Singh; Editing by Anupama Dwivedi)