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Tag: Punjab and Sindh Bank
Privatization of 3 banks, half the bank of the Government of India, Mo...
NITI Aayog has directed the government to privatize three public sector banks. These banks are Punjab and Sindh Bank, UCO Bank and Bank of Maharashtra. The instructions also suggest merger of all rural banks. There is also talk of giving more concessions to NBFCs.
Earlier this week, there were reports that the government may merge the loss-makin...