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Wednesday, March 4, 2026

Tag: FY27 banking reform

Govt Plans Mega PSB Merger to Trim State Banks to 4 by FY27

India plans to consolidate 12 public sector banks into 4 large entities by FY27 to boost lending capacity and global competitiveness. SBI, PNB, BoB, and a merged Canara-Union Bank will be the anchors.