Letter to BS: Govt should pause on decisions of PSB mergers at the moment

Consolidating the PSBs with huge non-performing assets means the consolidated bank's balance sheet will appear more stressed


Rajendra 1 / 1     India Map Apropos the article “Merger of 10 public sector banks: Cloud hangs over April 1 deadline” (February 15), it is good that the central government wants to know the outcome of the amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda before going ahead with the merger of another 10 public sector banks (PSBs). The ...