PSBs Merger Speculations

Whispers persist about potential further PSB consolidations in 2026 (reducing from ~12 to 4-6 larger entities), led by SBI, PNB, BoB, Canara, to create "world-class" banks for Viksit Bharat @2047. This could start with smaller banks like BoI, IOB, Central Bank, or Bank of Maharashtra as candidates.Government has clarified no immediate plans, but discussions involve RBI. Unions often oppose.