{"id":1294681,"date":"2025-05-07T07:37:26","date_gmt":"2025-05-07T02:07:26","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1294681"},"modified":"2025-05-07T07:42:09","modified_gmt":"2025-05-07T02:12:09","slug":"govt-will-sell-minority-share-from-5-govt-banks-via-ofs-route","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/govt-will-sell-minority-share-from-5-govt-banks-via-ofs-route\/","title":{"rendered":"Govt Will Sell Minority Stakes In 5 Govt Banks Via OFS Route"},"content":{"rendered":"\n<p>The Indian government is preparing to offload minority stakes in five public sector banks through the Offer for Sale (OFS) route in the financial year 2026-27. The banks identified for this move are Bank of Maharashtra, Indian Overseas Bank, UCO Bank, Central Bank of India, and Punjab and Sind Bank.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/05\/bank-1280x720-1-1024x576.jpeg\" alt=\"\" class=\"wp-image-1294700\" srcset=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/05\/bank-1280x720-1-1024x576.jpeg 1024w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/05\/bank-1280x720-1-300x169.jpeg 300w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/05\/bank-1280x720-1-768x432.jpeg 768w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/05\/bank-1280x720-1.jpeg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>A senior official confirmed that while strategic disinvestment is not under consideration currently, OFS is likely the route the government will take, though not in the current fiscal year.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Why OFS and Not Strategic Sale?<\/strong><\/h3>\n\n\n\n<p>According to sources, a strategic sale would require cabinet-level approval and inter-ministerial coordination, which is not in progress at this stage. The government, instead, is opting for the <a href=\"https:\/\/www.moneycontrol.com\/news\/business\/economy\/govt-may-begin-offloading-minor-stakes-in-five-psu-banks-via-ofs-in-fy27-strategic-sale-deferred-for-now-13014365.html\">OFS route<\/a> to reduce its stake while raising funds for the exchequer.<\/p>\n\n\n\n<p>This would be a notable first, as OFS has not previously been used for PSU banks. Until now, banks have mostly raised capital through Qualified Institutional Placements (QIPs), which increase bank funds but do not reduce government shareholding.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Preparations Already Underway<\/strong><\/h3>\n\n\n\n<p>DIPAM (Department of Investment and Public Asset Management) has initiated the process by empanelling merchant bankers and transaction advisors. These are divided into two categories:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Category A<\/strong>: For deals under \u20b92,000 crore<\/li>\n\n\n\n<li><strong>Category A+<\/strong>: For deals above \u20b92,000 crore<\/li>\n<\/ul>\n\n\n\n<p>Officials are closely monitoring valuation charts, market trends, and other economic indicators to determine the right timing for these sales.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Government Holdings in the Targeted Banks<\/strong><\/h3>\n\n\n\n<p>The current government holdings in these five banks are:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Bank of Maharashtra: 86.46%<\/li>\n\n\n\n<li>Indian Overseas Bank: 96.38%<\/li>\n\n\n\n<li>UCO Bank: 95.39%<\/li>\n\n\n\n<li>Central Bank of India: 93.08%<\/li>\n\n\n\n<li>Punjab and Sind Bank: 98.25%<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Investor Sentiment on the Rise<\/strong><\/h3>\n\n\n\n<p>With growing interest in the banking sector and recent progress in the strategic disinvestment of IDBI Bank, investor sentiment is positive. The government aims to ride this momentum and improve fiscal outcomes through timely stake sales, without causing market disruptions.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Indian government is preparing to offload minority stakes in five public sector banks through the Offer for Sale (OFS) route in the financial year 2026-27. The banks identified for this move are Bank of Maharashtra, Indian Overseas Bank, UCO Bank, Central Bank of India, and Punjab and Sind Bank. A senior official confirmed that [&hellip;]<\/p>\n","protected":false},"author":30,"featured_media":1294700,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[867],"class_list":["post-1294681","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-govt-banks"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Govt Will Sell Minority Stakes In 5 Govt Banks Via OFS Route - Trak.in - Indian Business of Tech, Mobile &amp; Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/govt-will-sell-minority-share-from-5-govt-banks-via-ofs-route\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt Will Sell Minority Stakes In 5 Govt Banks Via OFS Route - Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"og:description\" content=\"The Indian government is preparing to offload minority stakes in five public sector banks through the Offer for Sale (OFS) route in the financial year 2026-27. 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