Bank
Privatisation of Public Sector Banks & Banks Strike in March 2021
The Finance Minister has announced in Union Budget of India for 2021-22, that two Public Sector Banks (PSBs) will be Privatised. The policy of government in last three decades of economic reforms was to sell a part of shares in Public Sector Undertakings (PSUs) including PSBs to public while retaining the controlling share in its own hands.
Privatisation of PSBs is