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Thursday, March 24, 2016

Regional factors may drive mergers of state-run banks ----/economictimes.

The government is keen on consolidation of state-run banks. One of the themes guiding this could be the regional strengths and weaknesses of the lenders. 

While the bigger ones could be the acquirers, ET looks at which are the merger candidates that could lead to stronger banks with presence across the country. The State Bank of India, with already a fifth of the industry market share along with its associates, may be directed to just absorb its associates and not go after others 

 

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