FM Sitharaman rules out roadmap for PSU bank mergers, panel to review sector reforms

Feb 24, 2026 - 00:30
FM Sitharaman rules out roadmap for PSU bank mergers, panel to review sector reforms

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Finance Minister Nirmala Sitharaman stated there is no roadmap for public sector bank mergers, indicating consolidation is not actively considered. A new banking reform panel will review the sector's future, examining all aspects to strengthen the ecosystem and align it with India's growth goals.

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