Home / HEADLINES / INDIA / PSB mergers nearly done, 12 banks almost right for India: Finance Secy

PSB mergers nearly done, 12 banks almost right for India: Finance Secy

This is almost the right number of the banks which the country needs. The government on August 30 announced consolidation of 10 large public sector banks into four.

The consolidation will help create strong and globally competitive banks.

They would have wider reach, stronger lending capacity and better products and technology to serve customers of new India.

Please share this news