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India shuns US bonds amid rising yields

India shuns US bonds amid rising yields
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Rahul Bajoria , Devendra Pant , ராகுல் பஜோரியா , தேவேந்திரா பாண்ட் ,

Bank privatisation India I BoM, BoI, IOB, Central Bank shortlisted for privatisation: Report


Updated Feb 16, 2021 | 13:14 IST
Bank of Maharashtra, Bank of India, Indian Overseas Bank and the Central Bank of India have been shortlisted for privatisation, as per Reuters
BoM, BoI, IOB, Central Bank shortlisted for privatisation: Report   |  Photo Credit: BCCL
India s government has shortlisted four mid-sized state-run banks for privatisation, under a new push to sell state assets and shore up government revenues, three government sources said.
Privatisation of the banking sector, which is dominated by state-run behemoths with hundreds of thousands of employees, is politically risky because it could put jobs at risk but Prime Minister Narendra Modi s administration aims to make a start with second-tier banks. ....

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