Finance minister Nirmala Sitharaman will meet heads of public sector banks (PSBs) on Thursday.
Sitharaman is expected to discuss issues related to softening of loan rates by banks. FM may seek for status over passing of the benefits of RBI’s rate cut to common people, online loan application, working towards better transparency in one-time settlement policy.
The meeting is to be important as this will be her first meeting with PSB heads after she announced collaboration of 10 public sector banks into on August 30. After the combination, only 12 PSBs will be left in India from the 27 earlier.
Sitharaman had said Punjb National Bank, Oriental Bank and United Bank will be merged to become the second largest PSU Bank in India.
Canara Bank and Syndicate Bank will be merged into one entity to be 4th largest PSB, while Union Bank of India, Andhra Bank and Corporation Bank will be united into a single entity to be the 5th largest PSB; and Indian Bank and Allahabad Bank will become one entity to be the 7th largest PSB.
The Finance Minister further said that the Bank of India and Central Bank of India would remain independent. Punjab National Bank will become the second largest PSB in India with a total business of Rs 17.5 lakh crore post the merger while that of the Canara Bank and Syndicate Bank will be Rs 15.20 lakh crore.
Consolidated Union, Andhra and Corporation Banks will have a total business of Rs 14.6 lakh crore while consolidated Indian and Allahabad Banks will have a total business of Rs 8.08 lakh crore.
Pingback: sgp live draw
Pingback: CBD Oil for anxiety
Pingback: dragon pharma reviews 2019
Pingback: คอนโดเงินเหลือ
Pingback: w88
Pingback: bitcoin evolution is it real
Pingback: bitcoinevolutiononline.com
Pingback: replica rolex
Pingback: Software Testing solutions
Pingback: company website
Pingback: diamond painting
Pingback: best shop to buy cvv2
Pingback: 선파워
Pingback: knockoff tag heuer carrera wv211b.ba0787
Pingback: instagram hack
Pingback: http://www.shop.minecraftcommand.science/forum/discussions/topics/a-guide-to-professional-writer
Pingback: diyalaU
Pingback: Writing a time management action plan for remote teams
Pingback: sell cvv dumps with pin
Pingback: xem trực tiếp bóng đá
Pingback: Site Sex Came Privé
Pingback: hardoffers.com
Pingback: Bersa Firearms For Sale
Pingback: rent boats Miami
Pingback: limanbet giriş
Pingback: Key Wall Safe
Pingback: Shroom chocolate bars
Pingback: Order magic mushroom online New South Wales
Pingback: how to order Psilocybe Azurescens Mushroom online Australia
Pingback: visiter le site Web
Pingback: https://www.postandcourier.com/sponsored/phenq-reviews-does-this-diet-pill-actually-work/article_1cdbfb1a-395f-11ee-9d97-33c51303c959.html
Pingback: magic mushroom dispensary denver