PNB likely to take control of 2-3 small state-run banks
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PNB likely to take control of 2-3 small state-run banks
This could be the one of the first decisions to be taken by the new government after election results to be announced on May 23.
India’s Punjab National Bank is looking to merge with two or three government owned banks that could include Oriental Bank Of Commerce, Andhra Bank and Allahabad Bank, two sources familiar with the situation told Reuters, as New Delhi tries to cut the number of state-owned lenders.
https://www.hindustantimes.com/business-news/pn...
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https://www.desidime.com/discussions/pnb-likely-to-take-control-of-2-3-small-state-run-banks?page=1#post_5844082
Chaar din ki chandni hai, Npa ka Ghazipur bana hua hai, Earnings kuch hai nahi. Taxpayer ke Paise bharose.
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So any move suggested in stocks