The Finance Ministry is considering including shares of public sector banks and government shareholding in erstwhile PSUs in the second CPSE Exchange Traded Fund (ETF) which it plans to launch next fiscal.
Banking on the performance of the ETF which it launched in March 2014 with scrips of 10 PSUs, the Department of Investment and Public Asset Management (DIPAM) is working out the composition of the second CPSE ETF.
"Shares of public sector banks can be included in the ETF.