Banking News
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Source: Economic Times
Economic Times
Source
Banking Sector
Category
4 min
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26 Aug
Published
Banking Sector
4 min read· Economic TimesEAC-PM paper suggests consolidation of banks of equal size without compromising market competition
The Economic Advisory Council to the Prime Minister proposed consolidating Indian banks into larger, equally sized entities. This consolidation aims to support the economy's growing credit needs and achieve Viksit Bharat by 2047. Recent mergers reduced public sector banks, bringing scale and potential operational syner…
The Economic Advisory Council to the Prime Minister proposed consolidating Indian banks into larger, equally sized entities. This consolidation aims to support the economy's growing credit needs and achieve Viksit Bharat by 2047. Recent mergers reduced public sector banks, bringing scale and potential operational syner
Source: Economic Times