Tag: PSU Bank Mergers

The government's number of shares in India's 12 public sector banks has not declined since 2020, but the percentage stake may have reduced due to fundraising moves, MoS Finance Pankaj Choudhary says in Parliament. (ANI Video Grab)
Posted in Business

PSU Bank stocks decline after govt denies any proposal to raise FDI limit in PSU banks| Business News

The government is not considering a proposal to increase the FDI limit for PSU banks, MoS Finance Pankaj Chaudhary said in the Parliament on Tuesday….

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CS Setty, chairman of State Bank of India.
Posted in Business

SBI’s CS Setty backs another wave of PSU bank mergers| Business News

State Bank of India is supportive of another wave of mergers among public sector banks as policymakers explore ways to build scale and finance growth…

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