PSU bank merger on schedule, says Nirmala Sitharaman

Ghughuti Bulletin

https://www.timesnownews.com/business-economy/economy/article/psu-bank-merger-on-schedule-says-nirmala-sitharaman/558128

Nirmala Sitharaman

PSU bank merger on schedule, says Nirmala Sitharaman&nbsp | &nbspPhoto Credit:&nbspIANS

New Delhi: Finance Minister Nirmala Sitharaman on Wednesday said the merger of 10 PSU banks into 4 consolidated banks is very much on course and there is absolutely no uncertainty regarding this.

“We are on the course on bank mergers… lot of core banking operations regarding the merger are currently going on. There need not be any speculation. We are going as per schedule (of April 1, 2020). There are no uncertainties at all,” she said after meeting heads of all PSU banks.
 

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