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Feb 10, 2020
Govt likely to notify merger of 10 PSU banks this week; all lenders to complete amalgamation procedures by AprilThe banks will need to follow regulatory formalities to protect the interest of minority shareholders. Each bank is required to follow the regulatory norms to protect the interests of minority stakeholders.
Aug 30, 2019
Mega bank merger announcement: Govt to amalgamate 10 public sector banks into four large entitiesAfter the bank merger, only 12 PSBs will be left in India from the 27 earlier