Finance Minister announces merger of 10 banks into 4 entities
  • WebDesk BTVI
  • Aug 30 2019

Finance Minister Nirmala Sitharaman announced that the Central government, in a major reform measure, is heading towards a mega merger of PSBs where in 10 PSBs will become four entities. She said in order to become a $5 tn economy, the nation needs big banks that can help economy. BTVI’s Siddharth Zarabi along with sector experts discusses about the government move and its implications.