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Centre’s mega murger of Banks: Only 12 PSBs will be in India from 27

By
Dhrumit Thakkar
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482
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(G.N.S) Dt. 30 New Delhi Finance Minister Nirmala Sitharaman announced the merger of 10 nationalised banks into four entities. This major banking reform will reduce the number of public sector banks to 12 from 27. The government announced the merger of Punjab National Bank, Oriental Bank of Commerce and United

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