Govt looks to offload 5-10% in some public sector banks

Govt looks to offload 5-10% in some public sector banks https://ift.tt/mifBjAp government is keen to take advantage of the sharp rally in share prices of public sector banks (PSBs) that are riding on much-improved financial performance and fundamentals. The stake sale can be conducted through the offer-for-sale route for lenders that are not inclined toward a rights issue, said people aware of the deliberations.