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Bureaucracy

Political compulsion could not merge two banks

During bank amalgamation- the government could not do amalgamation of two banks- Punjab & Sindh Bank and Bank of Maharashtra. These small banks are still working independently. Sources said that due to political reasons these two banks are enjoying separate status.

By Whispers in the Corridors 1 min read

During bank amalgamation- the government could not do amalgamation of two banks- Punjab & Sindh Bank and Bank of Maharashtra. These small banks are still working independently. Sources said that due to political reasons these two banks are enjoying separate status.

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