The government has already privatised IDBI Bank by selling its majority stake in the lender to LIC in 2019 and merged 14 public sector banks in the past four years.source https://economictimes.indiatimes.com/industry/banking/finance/banking/bank-unions-threaten-two-day-nationwide-strike-against-proposed-privatisation-of-psbs/articleshow/88031301.cms
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