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PSBs consolidation building block for $5 trillion economy: Finance secy

When asked about rationale for doing all the four mergers together, Kumar said, “We wanted to do it one time, give the road map and remove the uncertainty. Now there is no uncertainty and road map is all clear. Governance reforms done. Who wants to give their power, we have given it. Even in appointments we have given it. Now it is completely professionalised.”

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