August 12, 2020 05:49 (IST)
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Ten PSBs to merge, form 4 banks from April 1

New Delhi/UNI: Six public sector banks will go down in the pages of history with effect from April 1 after ten PSBs merge into four from April 1, 2020 to help meet the needs of the growing economy and create large banks globally.

Cabinet recommends amalgamation of 10 PSBs into 4 from Apr 1

New Delhi/UNI: The Union Cabinet on Wednesday approved the mega consolidation of 10 PSBs into four.

Nirmala Sitharaman assures Public Sector Banks in good health, have enough liquidity

New Delhi: Union Finance Minister Nirmala Sitharaman on Monday said that the process of mega merger Public Sector Banks  “is going on smoothly” and progressing in the right direction.