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Stake Cut in PSBs: Govt Invites Bids From Bankers, Legal Firms
February 25, 2025
|The Business Guardian
A host of public sector banks and financial institutions are yet to meet the minimum 25 per cent public shareholding norm mandated by market regulator Sebi.
The Department of Investment and Public Asset Management (DIPAM) on Monday invited bids from merchant bankers and legal firms to assist the government divest its stake in public sector banks and listed financial institutions. As per the two RFPs (request for proposal) floated by DIPAM, the merchant bankers and legal advisors would be empanelled for a period of three years, which could be extended by one more year. The last day for putting in bids by merchant banke
هذه القصة من طبعة February 25, 2025 من The Business Guardian.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The Business Guardian
The Business Guardian
Honda Motorcycle & Scooter India expands network in Daryaganj
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1 min
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1 mins
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1 min
December 16, 2025
The Business Guardian
India's services exports still strong but losing momentum in recent years
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1 mins
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The Business Guardian
After U.S. tech outreach, Andhra Govt briefs Centre of state’s tech initiatives
Andhra Pradesh Minister for Education, IT and Electronics, Nara Lokesh, on Monday met Union Minister for Electronics and Information Technology and Railways, Ashwini Vaishnaw, at Parliament in New Delhi, following his recently concluded and highly successful visit to the United States:
1 mins
December 16, 2025
The Business Guardian
ARE CRACKING KNEES NORMAL? WHAT DO THOSE SOUNDS REALLY MEAN?
If you've ever bent down, climbed stairs, or simply stood up after sitting for a while, you may have heard your knees produce a sudden “crack,” “pop,” or “click.”
2 mins
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MARKETS OPEN THE WEEK WEAK, NIFTY HOLDS ABOVE 26,000
Indian stock markets closed marginally lower on Monday after a volatile session, with the Nifty managing to stay above 26,000.
1 mins
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The Business Guardian
The Ultimate Winter Care Guide: Keep Skin Problems at Bay This Season
Winter brings with it a distinct set of challenges for the skin and hair.
3 mins
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What will be life after joint replacement?
What Recovery Looks Like Week by Week: let us know from the expert
2 mins
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Delhi pollution hits pets, birds hard
Pets and birds in Delhi are increasingly showing signs of respiratory distress, eye infections and stomach ailments as air pollution worsens, city veterinarians have warned.
1 min
December 16, 2025
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