Economic Concerns: Affects of Bank Mergers

Published on 11-Sept-2019 – Affects of Bank Mergers How will mergers affect public banks? (Affects of Bank Mergers) Approx Read Time: 4 minutes In News (Affects of Bank Mergers): FM Mrs. Sitharaman recently announced that 10 banks owned by the Government of India will be merged into four larger banks, thus the total number of state-owned banks in the country will have come down from 27 (in 2017) to 12.…

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Economy Revival: (Bank Merger)

Published on 06-Sept-2019 Is Bank merger good or bad? Approx Read Time: 4 minutes Issue: While the deposits were coming in, these were not really being put to work. Most of the PSBs were left doing little other than the mandatory priority sector lending, and today, are slowly becoming irrelevant in the loan market. Banks have been ceding share to their private-sector competitors, both in the loans and deposits markets.…

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Economy Issues: (Reviving Economy)

Published on 31-Aug-2019 - Reviving Economy Reviving the Economic slowdown (Reviving Economy)Approx Read Time: 4 minutes Recently, FDI norms had been eased more by the central government to have increased investments in the various sectors to revive and boost the economy. On 30 August, Finance Minister N. Sitharaman announced the merger of 10 PSBs (Public Sector Banks) into 4 big entities. The number of banks which were 27 in number…

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