Further mergers among smaller PSBs likely
Government insiders speculate further mergers among smaller PSBs (e.g., UCO Bank, Bank of Maharashtra) to create 2-3 mega-banks, building on 2019-2020 consolidations. No final decision, but PSB Manthan 2025 outlined strategies for infrastructure financing alignment with NaBFID/IIFCL.
Government insiders speculate further mergers among smaller PSBs (e.g., UCO Bank, Bank of Maharashtra) to create 2-3 mega-banks, building on 2019-2020 consolidations. No final decision, but PSB Manthan 2025 outlined strategies for infrastructure financing alignment with NaBFID/IIFCL.
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