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Indian Economy
February 7, 2020
Proposed Mergers of PSU Banks: “Big” Banks Needed to Serve “Big” Corporates.
On August 30th 2019 Finance Minister Nirmala Sitharaman announced collapsing of 10 Public Sector Banks in 4 Banks. A lot has been said about what will be the impact of this decision on NPA levels of these merged entities, whether it will lead to a rationalization of branch networks etc. These issues...
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