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Here's what bankers have to say about PSU bank consolidation and recapitalisation

Updated : August 30, 2019 08:23 PM IST

Bankers welcome the move and say that the consolidation will bring synergy
Punjab National Bank will mearge with OBC Bank and United Bank and have 11,437 branches
Government also details bank recapitalisation roadmap. PNB will get Rs 16,000 crore and this will be the largest chunk

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