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Govt unlikely to go for privatisation of PSBs this fiscal
Sun Jun 14 , 2020
NEW DELHI: Privatisation of any public sector bank (PSB) during the current fiscal is very unlikely due to their low valuations and mounting stressed assets amid the COVID-19 crisis, sources said. At present, four public sector banks are under the RBI’s Prompt Corrective Action (PCA) framework, which puts several restrictions […]
