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Tag : Nirmala Sitharaman

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Merger PSU Banks Unlikely to Revive Credit Flow

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The merger of Public Sector Banks (PSBs) into four entities is unlikely to revive credit growth or have meaningful cost synergies, said a report by Credit Suisse....
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GDP Growth Falls to 5%: Mega-Merger of Public Sector Banks

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Finance Minister Nirmala Sitharaman has announced a mega-merger of public sector banks. The announcement was made in a conference by her on Friday.  Last week also she announced measures to...