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Stake Cut in PSBs: Govt Invites Bids From Bankers, Legal Firms
The Business Guardian
|February 25, 2025
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
Diese Geschichte stammt aus der February 25, 2025-Ausgabe von The Business Guardian.
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