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No proposal under consideration on merger of PSU banks: MoS Finance

No proposal under consideration on merger of PSU banks: MoS Finance

by AIP Online Bureau | Mar 23, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

The amalgamation of PSBs, as envisaged, has contributed to improving operational efficiency and financial soundness of banks through streamlining of operations and reduction in costs, thereby resulting in increasing consolidated business of banks, Minister of State...

Corporate affairs ministry proposes changes to rules related to fast-track mergers

by AIP Online Bureau | Apr 5, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation

In her Union Budget speech on February 1, Finance Minister Nirmala Sitharaman had said the government would rationalise the requirements and procedures for speedy approval for mergers of companies and the scope for fast-track mergers would be widened New Delhi: The...

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