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India has fixed its PSU banks. Now comes the more ambitious part
The EAC-PM has proposed consolidating Indias public sector banks into a few large, comparable institutions to meet rising credit demand and finance the countrys growth towards Viksit Bharat 2047. The recommendation comes after a major PSB turnaround, with stronger profits, lower NPAs and faster credit growth. Larger banks could better fund infrastructure, manufacturing, technology and overseas expansion.
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timesofindia.indiatimes.com
For global scale banks, EAC-PM seeks mergers
MUMBAI: A report published by the PM Economic Advisory Council has called for further consolidation of banks to create a few large institutions of similar size without…
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economictimes.indiatimes.com
India has fixed its PSU banks. Now comes the more ambitious part
The EAC-PM has proposed consolidating Indias public sector banks into a few large, comparable institutions to meet rising credit demand and finance the countrys growth towards…
