ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Yakov AmihudSubscribe to Yakov Amihud

Government's Gift to SBI Shareholders

In August 2010, the then Union Finance Minister Pranab Mukherjee sought to cut the government’s stake in the State Bank of India (SBI) from 55% to 51% and push the bank to raise more capital from the market. Good idea. But, in a course reversal, on 5 December 2012 – at a time when the government’s...
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