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  All sectors open to private companies, govt to announce new public sector enterprise policy

  Business | May 17, 2020 12:50 IST

  Finance Minister Nirmala Sitharaman on Sunday said a new "coherent" public sector enterprises policy will be formulated that will define strategic sectors which will have not more than four PSUs. Sitharaman said all sectors are open to the private sector while public sector enterprises will play an important role in defined areas. Accordingly, the government will announce a new policy.

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  BIG BANK MERGER: 10 public sector banks turn into 4. Key points bank customers must know

  Business | April 01, 2020 12:21 IST

  As novel coronavirus pandemic that has impacted our economy, there was a dilemma if the merger would be postponed for some time or not , the Reserve Bank of India cleared the air that the merger of 10 PSUs will still take place on the set date i.e. April 1, 2020.

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  SEBI unveils slew of reforms; PSUs to have 25% public holding

  June 19, 2014 16:13 IST

  New Delhi: Capital markets regulator SEBI on Thursday cleared a slew of reforms including a proposal to hike public holding in all PSUs to a minimum 25 per cent besides new norms for research analysts