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Banks have identified about 22 bad loans of the order of Rs 89,000 crore, to be transferred to the bad bank in initial phase. In the Union Budget 2021-22 meeting on February 1, Finance Minister Nirmala Sitharaman proposed setting up a…

Sitharaman announces working with RBI in the process of privatizing two more public banks. Last week after the budget meeting, we informed you of the Finance Minister's plans of conducting the privatisation process for two more public…