Mega Merger of PSU Banks in India: An Insight

Shubham Thard | Last updated: 14 June 2020

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Announcing the mega plan of Banks' merger on Friday August 30, 2019 with an aim to have financially strong Public sector banks in India, the Finance Minister of India, Nirmala Sitharaman, has outlined the Government's plan to merge 10 public sector banks into four large banks. After the mergers, there will be 12 public sector banks in India. The merger is expected to create fewer and stronger global- sized Banks to boost economic growth.As per studies conducted until now most of t

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About the Author

Shubham Thard

Entrepreneur

Co-Founder at SBA Vastu | Company Secretary | IPC ICAI | NSE Certified Capital Markets Professional

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Mega Merger of PSU Banks in India: An Insight

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