Government seeks merchant bankers for stake sales in PSU lenders

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The story "Government seeks merchant bankers for stake sales in PSU lenders" was covered 6 hours ago by Times of India, a news publisher based in India.

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Times of India 6h ago

Government seeks merchant bankers for stake sales in PSU lenders - Times of India

Quick Summary:

Dipam has invited bids from merchant bankers to assist in the government's planned stake sale in select public sector banks and listed financial institutions.

The application process includes two categories based on transaction size and a two-stage selection process, with the last date for bid submission being March 27.

The RFP said that merchant bakers can apply for empanelment for the stake sale under two categories.