Government plans to cut its stakes in 4 PSU banks to 75%

Reports say the Centre plans to reduce its holdings in four public sector banks to 75%, with Moneycontrol naming Central Bank and UCO Bank and mentioning two more lenders in the privatisation plan. The items all date from the same timestamp, and no official confirmation appears in them.

Timeline

1. 23 Oct, 05:00 UTCPicked up on News
2. 23 Oct, 05:00 UTCPlan to pare PSU bank stakes reported
3. 23 Oct, 05:23 UTCReached #1 on TrendHeat

Top sources

• public sector bank privatisation plan indiaGoogle Trends
• PSU bank stake sale: Centre plans to reduce holdings in four lenders to 75%India Today
• Govt eyes stake cuts in 4 PSU banks, including Central Bank, UCO Bank; 2 more in privatisation planMoneycontrol.com