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 ...
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 ...
Shares of PSU banks rose by up to 4% during Monday's trading session following news that the finance ministry is drafting a ...
Setty said consolidation is also practical because state-owned banks need scale to compete with private-sector rivals.
An SBI report reveals RBI's share in government securities rose to 14.2% as banks' share fell. The central bank's forex ...