Daily Excelsior News

NEW DELHI, Dec 26: Consolidation in public sector banks is expected to gain momentum in the coming year, as the Government has expressed its desire to have more big, world-class banks in the country to fuel the next phase of growth for Viksit Bharat by 2047. Last month, Finance Minister Nirmala Sitharaman said India needs many big, world-class banks, and work in this regard has already commenced. The Government has initiated discussions with the Reserve Bank and public sector banks, [] The post