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India Says It’s Keen to Create Bigger Banks, Possibly Via Mergers
asiafinancial.com/india-says-its-keen-to-create-bigger-banks-possibly-via-mergers
India’s finance minister said on Thursday the country needs more “big banks” and efforts are underway to achieve that goal, including possibly via the consolidation of some state-run banks.
India has 12 state-owned banks, which together held assets totaling 171 trillion rupees ($1.95…
This story appeared on asiafinancial.com, 2025-11-06 12:42:06.