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Govt asks state-run banks' CEOs to work 'harder, faster' to list subsidiaries

Summary by NewsDrum
Mumbai, Oct 17 (PTI) Department of Financial Services Secretary M Nagaraju on Friday exhorted heads of state-run banks to "work harder and faster" to list subsidiaries on the bourses. Speaking at the listing ceremony of Canara HSBC Life Insurance Company here, Nagaraju said there are over 100 entities and subsidiaries which come under the department headed by him, and listed out the advantages of an IPO.A listing helps unlock value for the share…
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NewsDrum broke the news in on Friday, October 17, 2025.
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