The Government started the process of consultation for the consolidation of public sector banks. Finance Ministry officials met the Chairmen of Punjab National Bank, Canara Bank, Bank of Baroda, Bank of India and Union Bank of India to help the Government to prepare a road map.
Sources said the plan was to create 8 to 10 large public sector banks against the present 27.
Source: http://www.business-standard.com/india/news/govt-kicks-off-talksbank-consolidation/376926/
GOVERNMENT KICKS OFF TALKS ON BANK CONSOLIDATION
Labels: BANKING N FINANCE
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment