Current Affairs · Banking Sector Reforms
With reference to the capital mobilization strategies by Public Sector Banks (PSBs) announced for FY26, consider the following statements: 1. The government plans to raise Rs. 45,000 crore via Qualified Institutional Placements (QIPs) and stake diluting strategies in FY26. 2. State Bank of India (SBI) will raise Rs. 10,000 crore through QIPs in FY26. 3. Five public sector banks have been shortlisted for partial disinvestment. Which of the statements given above are correct?
- 1Only 3
- 2Both 1 and 3✓
- 3Both 1 and 2
- 4Only 1
Correct answer
Both 1 and 3
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