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Pranab reiterates majority stake policy on govt banks

Finance Minister Pranab Mukherjee today said the government would continue to hold majority stake in public sector banks, even as it disinvests in public sector companies. “Nationalisation of banks, about 40 years ago, mandated that institutions for welfare should be entrusted with the government for public accountability. We have followed the policy for the last five years. Even with   read more »

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