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Government may opt for BoB-like PSU bank merger instead of mega merger, says report

Updated : May 31, 2019 10:47 AM IST

According to people aware of the development, the deputy governor of Reserve Bank of India (RBI) MK Jain had an informal discussion about the PSB merger plan with the financial services secretary Rajiv Kumar, the report said.
The discussion was followed by another round of meetings between the officials and the RBI.
Government may opt for BoB-like PSU bank merger instead of mega merger, says report

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