Government begins process for PSU bank consolidation to create world class lenders
Finance Minister Nirmala Sitharaman confirmed that discussions with the RBI and banking sector representatives are underway for a major public sector bank consolidation. The plan aims to build globally competitive banks by merging smaller lenders with large state-owned institutions such as SBI, PNB, and Bank of Baroda.
By Finblage Editorial Desk
6:11 pm
6 November 2025
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