Bank Merger Update: Now only 4 public sector banks will remain in the country, See Details
Bank Merger Update-The government has taken steps toward the consolidation of public sector banks, with an aim to set up more solid, efficient institutions. The thrust of smaller public sector banks lies in the problem of dealing with high ‘non-performing assets’ (NPAs), inadequate capital, and related operational inefficiencies. The merger of banks should, however, serve … Read more