The Finance Ministry is also considering options to merge Chennai-based PSU lenders Indian Overseas Bank and Indian Bank, ...

India may be gearing up for another major round of public sector bank (PSB) mergers, and this time, it has received strong ...

The government wants fewer but world-scale banks in PSUs. At the latest update, the largest PSU lender of India, State Bank ...

SBI backs the next phase of public sector bank mergers to create stronger, efficient banks capable of meeting India’s growing credit and infrastructure needs.

SBI supports potential bank mergers to enhance lending capacity for India's infrastructure and industrial growth ambitions.

SBI, which is 55%-owned by the government, is seeing signs of an industry-wide revival of capital spending by corporates but ...