The government has already privatised IDBI Bank by selling its majority stake in the lender to LIC in 2019, and has merged 14 public sector banks in the last four years
Global brokerages including Morgan Stanley, CLSA and Credit Suisse are positive on select largecap stocks from sectors like financials, IT, mining and paints amid the ongoing rally on Dalal Street.
Idle saving accounts with poor features should be done away with as continuing with them can result in opportunity loss of generating higher returns from alternative instruments
Railways Minister Piyush Goyal asserted that Indian Railways will never be privatised but said private investment should be encouraged for more efficient functioning