Recently news of BOI , CBI & IOB Privatisation was flashed on few news Channels . Bank Of India Privatisation , Central Bank Of India Privatisation & Indian Overseas Bank Privatisation news also appeared in one newspaper and as per news BOI CBI and IOB shortlisted for Privatisation . However No Official Confirmation on news of these 3 banks privatisation received from any government authority till now . Even no news on google on 3 banks privatisation , which is very surprising . As per news channel sources banks privatisation will take place soon . However as this privatisation news is not confirmed it seems that this is prediction of news channel on bank privatisation .
Niti Aayog shortlisted 6 banks for privatisation . BOI , IOB & CBI are 3 banks out of 6 shortlisted banks . IOB was already in race of privatisation news along with BOM in past few days and BOI name also appeared few times . But as CBI performance is not good so CBI privatisation news is like a surprise .
Finance Minister also said that covid will not affect bank privatisation and divestment of banks is in full swing . Government already finalised IDBI bank Privatisation . So IDBI will privatise soon . Banks shares price increased after privatisation news .
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