Sunday, 2 October, 2022
TopicPrivatisation of banks

Topic: privatisation of banks

Govt will protect interest of workers of state-owned banks that may be privatised — Sitharaman

The finance ministers assurances come amid strikes by bank unions opposing the govt's policy to privatise lenders.

Two-day bank strike against ill-placed priorities of Modi govt, says Congress

Randeep Surjewala Monday accused the government of 'running away' from its responsibility of ensuring better governance in public sector banks by 'recklessly selling' such lenders.

Govt plans to privatise public sector banks — these two could be the first ones to be sold

A selection of the best news reports, analysis and opinions published by ThePrint this week.

Why Budget 2021 is a great chance for Modi govt to bite the bullet on PSU bank privatisation

Fiscal compulsions could drive privatisation, but there’s still a need to overcome hurdles created by labour laws and low valuation of public sector banks.

Any govt unlikely to pursue meaningful privatisation of banks — ex-RBI governor Urjit Patel

In his book released Friday, Patel also wrote that governments use state-owned banks to pump-prime the economy during slowdowns and are unlikely to let go of this instrument.

ICICI controversy shows privatising public banks isn’t guaranteed to make them better

After the PNB-Nirav Modi scandal, there was an outburst of commentary calling for privatisation of public sector banks. It is far more complicated than that.

On Camera

YourTurn

Mohan Bhagwat

Mohan Bhagwat’s right — no word wounds Hindus like kafir does

In South Africa, the word kaffir, as the blacks were pejoratively called, has been outlawed. It's time India too bans 'kafir'.
A man counts Indian currency notes inside a shop in Mumbai, India | Reuters/Francis Mascarenhas

RBI tells state refiners to reduce dollar buying in spot market, contain sharp fall in rupee

RBI has ensured that $9 billion has been made available at overseas branches of some Indian banks for the country's three state-run refiners to tap, according to sources.

Defence

File photo of former Air Chief Marshal RKS Bhadauria after flying a MiG-21 of 51 Squadron at the Srinagar airbase | ANI

Famed IAF pilot Abhinandan Varthaman’s MiG-21 Squadron bows out from Srinagar today

Known as the ‘Sword Arms’, number-plating of the squadron was done Friday. It has made way for MiG-29s to be the new 'guardian of the Valley'.

India’s hijab supporters will lose even if they win SC battle. Because the real war is political

In a highly polarised time, cornered minorities tend to lean back and protect the roots and fundamentals of what is so dear to them. Politically, it can often be a bad trap.
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