Do you think consolidation of PSU banks wld help for devlp of the banking industry ?

neerajchauhan

Neeraj K Chauhan
In my opinion, PSU banks should look for mergers and acquisitions in the next 5-10 years to achieve optimum economies of scale. The mergers would lead to the emergence of global, national and regional players in the banking sector in the country and finally the customer will get enhanced facilities and services from the banks.

certainly, merger of public sector banks will reduce unduly high public expenditure incurred separatly by each public sector bank.The growth in assets and liabilities will enable them to participate in the international financial circles, floating of international loans, capital participation etc.

:SugarwareZ-216:
 
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