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BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Saturday, February 15, 2020

Merger of 10 public sector bank may be delayed or postponed

Six months after announcing its plan to merge 10 public sector banks (PSBs) into four, the Union government is now treading cautiously even though the deadline to merge the balance sheets of these lenders is just one and a half months away.
  A senior government official said Prime Minister Narendra Modi wanted to see the “outcome of the amalgamation of Bank of Baroda (BoB)” before taking a final call on the merger of the 10 PSBs. “He wants to review the outcome of the BoB merger and know in detail what benefits.....

1 comment:

Vipan Saini said...

When salary of bankers is less than central govt peon. Then how can govt expect. From banks. 2 percent.
Shame shame

RBI Enforces 6 Month Deadline for Banks for Declaring Wilful Defaulters

The Reserve Bank of India (RBI) has denied a request from banks seeking more time to classify borrowers as “wilful defaulters.” This label i...

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