SBI’s Arundhati Bhattacharya says mergers can reduce state-run banks’ need for govt capital – Firstpost

Firstpost

SBI’s Arundhati Bhattacharya says mergers can reduce state-run banks‘ need for govt capital
Firstpost
The statement comes after SBI merged all its five subsidiaries and Bharatiya Mahila Bank, which resulted in a massive spike in its provisions and bad loans ratio that touched double digits in the first consolidated results announced earlier this month

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