India, Oct. 30 -- There are hints that the Centre wants to, and hopes to, raise massive sums from the sale of its equities in state-owned firms. The focus seems to be on the financial sector, with mergers, acquisitions, and partial stock sales on the cards. It will be an exciting time for the banks, and insurance firms, both in the private and public sector. One can count on several factors why the policy-makers feel that this is the right time to initiate changes in the financial sector. They include both the positive and negative ones, with the central bank, the Reserve Bank of India (RBI) making the necessary pushes.

There is an ongoing IPO (Initial Public Offering) boom in India. LG Electronics, which launched the $1.3 billion IPO in...