Why’s govt keen on keeping 26% stake in PSBs it wants to privatise

Krishna Veera Vanamali
November 28, 2021, Sunday

Why’s govt keen on keeping 26% stake in PSBs it wants to privatise

The govt is set to privatise two state-run banks, but may hold on to a 26 per cent stake. What merits does the government see in this stake and will this complicate its efforts to attract investors?