Here’s What Banking Chiefs Think Of India’s Plan To Merge State-Run Lenders
Indian two thousand and five hundred rupee banknotes are arranged for a photograph in Mumbai, India (Photographer: Dhiraj Singh/Bloomberg)  

Here’s What Banking Chiefs Think Of India’s Plan To Merge State-Run Lenders

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India announced last week a roadmap to consolidate 10 state-run lenders into four, bringing down the total number of such entities from 21 to 12.The mergers—which were announced as part of an econo...