A Conceptual Critical Analysis on The Indian Banking Sector's Privatization: Is it A Major Boost or A Downfall?

Abstract: In a strict sense, privatization denotes the introduction of private ownership in publicly traded companies, but in a broader sense, it also denotes the introduction of private management and control in public sector companies. Involving the private sector in the ownership or management of a state-owned firm is another name for it. Thus, the phrase describes a private acquisition of all or a portion of a business. This paper focuses on critical analysis on the Indian Banking sectors and find an answer whether privatization is a major boost or a downfall. The data has been secondarily collected by the researcher in an attempt to conceptually through a light in this regard