10 PSU Banks are merged into 4 big banks.
PNB Oriental Bank United Bank
Canara Bank and Syndicate bank
Union Bank Andhra Bank and Corporation bank
Indian bank and Allahabad Bank
Government trying to create big next generation banks.
Special agencies to monitor loans above 250 cr
These are ambitious steps. How the market is going to react? Though it is a positive and bold step we have to wait and see how market reacts on Tuesday. Enough time for the market to think and react.
PNB Oriental Bank United Bank
Canara Bank and Syndicate bank
Union Bank Andhra Bank and Corporation bank
Indian bank and Allahabad Bank
Government trying to create big next generation banks.
Special agencies to monitor loans above 250 cr
These are ambitious steps. How the market is going to react? Though it is a positive and bold step we have to wait and see how market reacts on Tuesday. Enough time for the market to think and react.
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