RBI calls for govt to dilute ownership in state banks

The government should consider diluting its ownership in state-owned banks to reduce the country's financial burden and push for consolidation, while boosting the number of private lenders, the Reserve Bank of India said in a discussion paper on Tuesday.

http://www.moneycontrol.com/news/economy/rbi-calls-for-govt-to-dilute-ownershipstate-banks_941364.html