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Finance Minister’s Press Conference Live: Nirmala Sitharaman Likely To Announce State-Run Bank Merger Plan
Finance Minister Nirmala Sitharaman will hold a press conference at 4 p.m. today regarding a proposal to merge some state-run banks, a government official told Bloomberg in New Delhi asking not to be named, citing rules.
The finance ministry called a meeting of chief executive officers of 10 banks, including Union Bank of India, Canara Bank, Punjab National Bank, Oriental Bank of Commerce, Allahabad Bank, Corporation Bank, Syndicate Bank and Andhra Bank, Business Standard reported earlier today.
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Source: Bloomberg
By: via @AlliesFin Serve T.ME/ALLiESFiN
