FM Sitharaman rules out roadmap for PSU bank mergers, panel to review sector reforms

Finance Minister Nirmala Sitharaman stated there is no roadmap for public sector bank mergers, indicating consolidation is not actively considered. A new banking reform panel will review the sector's future, examining all aspects to strengthen the ecosystem and align it with India's growth goals.

FM Sitharaman rules out roadmap for PSU bank mergers, panel to review sector reforms
Finance Minister Nirmala Sitharaman stated there is no roadmap for public sector bank mergers, indicating consolidation is not actively considered. A new banking reform panel will review the sector's future, examining all aspects to strengthen the ecosystem and align it with India's growth goals.