Govt. to amend banking laws for privatisation of PSBs

  • In the winter session of parliament starting on Monday, the government is planning to introduce the Banking Laws (Amendment) Bill, 2021.

  • The bill will amend the banking laws to facilitate the privatization of public sector banks (PSBs).

  • According to the sources, the government wants to decrease its holding in PSBs from 51% to 26%.

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