âš¡PM Narendra Modi Cabinet Gives Nod to Bank Mergers of 10 PSBs Into 4 Entities
By Saurav Mukherjee
Prime Minister Narendra Modi-led Union Cabinet approved the mega consolidation in 10 PSBs into four entities, which would be effective from April 1, 2020. This happens to be the second biggest bank mergers of PSBs in less than 6 months.