PSU banks' divestment through OFS to be completed by FY26 Department of Financial Services Secretary stated that the divestment in state-owned banks via OFS is on track, aiming to be completed by FY26. Five PSU banks (Bank of Maharashtra, Indian Overseas Bank,

, Central Bank of India, and Punjab and Sind Bank) will be partially divested through the OFS route. The government will remain the majority shareholder with stakes above 51%. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.