IMF recommends avoiding PSB mergers
IMF India Country Report of December 2017 says that the recapitalization and restructuring strategy of Public Sector Banks (PSBs) should support the authorities’ aim toward further consolidation of the banking industry, while avoiding mergers that could undermine the viability of the stronger
IMF India Country Report of December 2017 says that the recapitalization and restructuring strategy of Public Sector Banks (PSBs) should support the authorities’ aim toward further consolidation of the banking industry, while avoiding mergers that could undermine the viability of the stronger PSBs.
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