5 flouting PSBs laid out action plan to meet minimum public shareholding requirement: Official
By Vishu AdhanaNew Delhi [India], March 14 (ANI): Five out of 12 Public Sector Banks (PSBs) are still not complying with the minimum public shareholding (MPS) norm (25 per cent), a senior government official said on Thursday.
Speaking to ANI, Vivek Joshi, Secretary at the Department of Financial Services, said that the five PSBs laid out action plans to meet the MPS requirement.
These banks are Punjab and Sind Bank; Centr