Bank Consolidation Drive Results in Merger of Ten Public Sector Banks
On 30th August 2019, Union Finance Minister announced the merger of 10 public sector banks into 4 larger banks. This would take the number of public sector banks in the country from 27 in 2017 to 12. The date of merger is yet to be decided.
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 Drought: Escalating Risks to Communities, Ecosystems, and Economies
- 2 India-Croatia: Deepening Partnership
- 3 Bonn Summit Sets Tense Stage for COP30
- 4 Climate Induced Migration: A Multidimensional Challenge Requiring Global Action
- 5 India-Cyprus Five-Year Strategic Roadmap
- 6 Urban Drainage Crisis in India
- 7 Unwrapping India’s Food Safety Challenges
- 8 Reforming Agricultural Subsidies in India: Towards Efficiency, Equity, and Sustainability
- 9 India’s Data Imperative: The Pivot Towards Quality
- 10 Semiconductors: Powering India’s Digital Ecosystem
Current Affairs In Focus
- 1 National Resource Efficiency Policy
- 2 Scientific Social Responsibility (SSR)
- 3 Unlawful Activities (Prevention) Amendment Act (UAPA), 2019
- 4 74th UNGA Session Held
- 5 India Convinces ASEAN to Review India-ASEAN Free Trade Agreement (FTA)
- 6 The Significance of Indian Diaspora
- 7 New Fiscal Reforms
- 8 Ailing Power Supply Chain