Department of Investment and Public Asset Management requests centre for an advisor
It is for stake sale in PSBs and insurance companies
The consultant will have to assist DIPAM in formulating the processes for different modes of disinvestment
Qualifications include MBA (Finance) or P.G in Economics/Commerce, Certified Associate of the Indian Institute of Bankers
Candidate should not be more than 65 years of age and has at least 30 years of experience in banking
As of now, the government owns 12 public sector banks and 7 insurance companies
Govt has set a disinvestment target of ₹2.10 lakh crore for the current fiscal