The government plans to reduce its ownership in four public sector banks to 75%, extending the divestment agenda announced in the 2021-22 Budget. That agenda included privatising two public sector banks and one general insurance company, alongside IDBI Bank.
8:30 PMEconomic Times2 stories from 2 sources
Thursday, October 22, 2026
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Other Developments
A curated list of other prominent stories from this day.

Student leader Neha Bora has emerged as a prominent face of a youth protest movement challenging Prime Minister Narendra Modi’s Hindu majoritarian government. Her rise has prompted questions about whether she can turn student activism into a broader political force.
6:45 AMAl JazeeraGovernment plans to pare stakes in 4 PSU banks to 75%
Summary
The government plans to reduce its ownership in four public sector banks to 75%, extending the divestment agenda announced in the 2021-22 Budget. That agenda included privatising two public sector banks and one general insurance company, alongside IDBI Bank.
The ownership target signals a broader shift from full state control toward minority public ownership,
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A lower government stake would reshape the role of the state in banking and test whether partial privatisation can deliver meaningful reform.

Neha Bora can outwit the police. Can Indian youth leader outfox Modi?
Summary
Student leader Neha Bora has emerged as a prominent face of a youth protest movement challenging Prime Minister Narendra Modi’s Hindu majoritarian government. Her rise has prompted questions about whether she can turn student activism into a broader political force.
The shift is from diffuse youth dissent to a movement with a recognizable leader. That
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
A credible youth-led opposition could widen the political challenge to Modi beyond established parties and traditional voter blocs.
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