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Goldman to advise govt on stake sale in four banks
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The government has selected Goldman Sachs as the transaction advisor. They will manage the divestment of stakes in Indian Overseas Bank, Central Bank of India, UCO Bank, and Punjab & Sind Bank. Goldman Sachs will identify potential investors. They will structure deals for smooth execution. This move signals the government's commitment to disinvestment.
Author: ET
Published: August 26, 2025
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