No Proposal For Merger Or Disinvestment Of Public Sector Banks: Govt

No Proposal For Merger Or Disinvestment Of Public Sector Banks: Govt
There were reports claiming that the government is working on a PSB consolidation blueprint that could reduce the number of state-owned lenders from 12 to just four in FY27. The proposal reportedly planned to strengthen balance sheets, improve operational efficiency and create globally competitive banking institutions.