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PSUs

Rajiv Kumar, Niti Aayog, Banking & Finance

Finance Ministry Wants PSUs to Restrict Govt Equity to 52%

"This need to be aligned to the best corporate practices. The shareholding needs to come down to at least 52 per cent in the first phase. As and when market condition allows, banks will take step in that direction. They have all the permission in hand," Financial Services Secretary Rajiv Kumar said.

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