PSU bank mergers: Putting lipstick on a pig – Livemint

PSU bank mergers: Putting lipstick on a pig
Livemint
The PSU Bank Nifty index moved up 2.1% on Wednesday on news that the Union Cabinet has moved another step towards the merger of some of the state-owned banks. Bank consolidation has been on the cards for a long time, but the latest move will give it …

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