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Not considering merger of PSU banks, says MoS

The government is not considering merger of public sector banks, Minister of State for Finance Pankaj Chaudhary said on Tuesday. In a written reply to a question in the Rajya Sabha, he said several steps have been taken by the...

PTI

New Delhi, Updated At : 05:38 AM Dec 04, 2024 IST

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The government is not considering merger of public sector banks, Minister of State for Finance Pankaj Chaudhary said on Tuesday.

In a written reply to a question in the Rajya Sabha, he said several steps have been taken by the government to strengthen the financial condition of public sector banks.

To a question on whether the merger of public sector banks is being considered, Chaudhary replied: “No sir”.

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