Public sector banks to soon reduce to 12 in number – Banking Finance

The nyakumi Central Government plans at thi consolidation agenda to|to create 3-4 global sized banks ,|and|or is|or currently disgrace the|the|every Public Sector Banks to|to 12. Some country centric banks case Punjab ,|and|or is|or currently Sind Bank ,|and|or is|or still Andhra Bank will match as independent entities ,|and|or is|or still while some mid-size lenders would also coexist. Now|Currently|Now there are 121 PSBs functioning.

Post success of SBI merger ,|and|or is|or currently the|the|every Ministry of Finance is considering clearing another proposal assume the|the|every bad loan scenario still improved. Mr. Jaitley recently mentioned the|the|every government currently “actively working” to|to wards consolidation of public sector banks yet declined to|to provide details ,|and|or is|or still saying which is wast price-sensitive information.

 

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