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Indian Government Initiates Stake Reduction in Public Sector Banks and Financial Institutions

By Editor - News Desk
The Indian government has initiated the process of reducing its equity stakes in select public sector banks (PSBs) and listed public financial institutions (PFIs) to comply with the Securities and Exchange Board of India’s (SEBI) Minimum Public Shareholding (MPS) norms. This move aims to bring government ownership in these institutions below 75%, aligning with SEBI

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