BusinessPhoto: HindustanModi Government to Reduce Stake in 4 Public Sector Banks
The Modi government plans to reduce its stake in four public sector banks, with 25% of shares to be offered to retail investors. Following the strategic sale of IDBI Bank, the government is preparing to privatize two banks and allow LIC to become a public shareholder. Bank employees have warned of protests against the privatization moves.
Hindustan·



