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Bureaucracy

Consulting processes for merging PSBs confirmed

Finance Minister Nirmala Sitharaman confirmed consulting processes for merging PSBs to create “banking behemoths,” in collaboration with RBI. No timelines, but aims to consolidate from 12 to fewer entities for global scale.

By Whispers in the Corridors 1 min read
Consulting processes for merging PSBs confirmed

Finance Minister Nirmala Sitharaman confirmed consulting processes for merging PSBs to create “banking behemoths,” in collaboration with RBI. No timelines, but aims to consolidate from 12 to fewer entities for global scale.

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Whispers in the Corridors

Reporting from the corridors of power.

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