Bank Nationalisation

Aadhaar is a 12-digit unique identity number provided by the UIDAI to the residents of India after a certain verification process

The bank's share closed at Rs 179.05 a piece on BSE, down 4.7% from its previous close while the broader Sensex was down 1.46%

Merely bringing down the government stake below 51 per cent may not find any taker for the PSBs. Is the government ready to give up its powers?

Here are the top BS Opinion articles of the day.

Nationalisation has served its purpose. It's time to move ahead, keeping majority ownership of the government in a few banks to serve people

In the recent clamour for their re-privatisation, we seem to have forgotten the rationale for bank nationalisation and the crucial role public sector banks continue to play in war against poverty

A key question is how the BIC is to be funded. To start with, it may have to be a wholly-owned government entity

The only feasible way to have a healthy banking sector could be making it mostly private, along with two or three large, better-run government banks, writes T N Ninan

India Inc could make a re-entry into commercial banking - 40 years after the last round of bank nationalisation in 1980

If even a modest but growing social welfare package is to be affordable, the public sector has to perform or be disbanded so that the govt can shut down one of the two cash burners, writes T N Ninan

Indira Gandhi's brilliance as a politician lay in her ability to transform the most sordid political intrigue into high ideological disputation

Private banks are about to outpace the state-owned ones, but the government's job should be to deliver a financial sector where health is not determined by ownership, writes T N Ninan.