OPINION

India's mega bank mergers: right move but challenges remain

IN A major move towards reform of public sector banking in the country, the Indian government announced on Aug 30, 2019 the collapse of 10 banks into four larger banks.

The Oriental Bank of Commerce (Delhi-based) and the United Bank of India (Kolkata-based) have been merged into the Delhi…

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India's mega bank mergers: right move but challenges remain

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