India’s Plan for Bank Mergers Ignores History and International Consensus – The Wire

The Wire

India’s Plan for Bank Mergers Ignores History and International Consensus
The Wire
The Union cabinet’s decision to merge-and-consolidate India’s public sector banks (PSUs) is in direct opposition to the post-2008-crisis consensus that big banks are a systemic risk to their national economies. In the US and the UK, political campaigns

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