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HomeNewsOpinionMerged or otherwise, PSBs aren’t the big movers anymore

Merged or otherwise, PSBs aren’t the big movers anymore

The merger exercise of 2020 hasn’t arrested the market share contraction of public sector banks either. In FY20, PSBs accounted for 58 percent of the credit and held 62 percent of deposits which dropped to 54 percent share in credit and 59 percent of share in deposits by FY23.

December 19, 2023 / 16:21 IST
PSU banks are shrinking and mergers won't help
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