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Bank consolidation or privatisation not under discussion now: DFS secretary

The DFS secretary said that currently there is no case for bank consolidation as even the small banks are performing well.

MC Explains: Are four PSBs merging?

Bankers said a report on social media that the government planned to merge four public sector banks was interpreted wrongly.

Credit Suisse enters a crucial weekend with UBS ready for acquisition talks

Credit Suisse Chief Financial Officer Dixit Joshi and his teams will hold meetings over the weekend to assess strategic scenarios for the bank

It is too late to have second thoughts on public sector bank mergers

The best way to make public sector banks strong is to transform their governance which is done best by privatizing them. Politicians have neither the inclination, nor the determination, to let them be run professionally without interfering.

IRDAI issues guidelines to protect interest of policyholders of merged banks

IRDAI said the guidelines have been issued in order to protect the interests of the group insurance policyholders of the merged banks.

5 steps customers must take when banks merge

It is possible that some of the branches will be closed resulting in disruption of locker facilities, as also some of the ATM outlets being reshuffled etc.

Explained: Here's a checklist to track if your bank is getting merged

Punjab National Bank, Union Bank of India, Canara Bank and Indian Bank are the anchor banks and customers of these banks will not be affected.

Policy | Merging banks pays at the margin, but misses the big picture

Despite all the noise, the government’s control over the regulator and regulated financial intermediaries remains a bone of contention

Govt merges 10 banks into 4: A low-down on the mega PSB consolidation

The Indian banking system is dominated by public sector banks and these reforms will have an impact on the entire industry.

Punjab National Bank to merge with OBC, United Bank to form India's 2nd largest PSB

The consolidated bank will have the second largest branch network in India hereafter, with 11,437 branches.

Merger of PSBs: Not aware of any specific consolidation proposal, says FM Piyush Goyal

This clarification comes on the back of a media report which said the government is planning to merge PNB, OBC and Punjab & Sind Bank.

Gruh & Bandhan - a marriage made on earth that foreign investors would fancy

In the longer run, anyone looking to come and invest in India would fancy the merged entity for their core portfolio in all probability

Opinion | You can't wish away deep-rooted systemic problems by merging PSU banks

If the intent is to clean up the banking system and prevent recurrence of the bad loan problem with alarming regularity, a merger is a non-solution

Nayak says consolidation can create only big weaker PSBs

The government has reportedly identified some of the weak state-run banks to be merged with large ones. But nothing has moved to any concrete plans.