The Government of India has cleared a major bank merger plan for 2026, approving the consolidation of six public sector banks (PSBs) as part of its long-term strategy to create stronger, well-capitalized, and globally competitive banks, while improving efficiency and financial stability across the banking system. Why the Government Is Pushing Bank Consolidation in 2026 … Read more
The Bank Merger Update 2026 marks a major shift in India’s banking landscape after the government approved a consolidation plan involving six Public Sector Banks (PSBs). The move is aimed at creating stronger, well-capitalized banks, improving operational efficiency, and enhancing the overall stability of the financial system. Who Approved the Bank Merger Plan The consolidation … Read more
The Bank Merger Update 2026 marks a major turning point for India’s banking sector as the government has cleared a mega consolidation involving six public sector banks (PSBs). The move aims to build stronger, well-capitalized banks, improve operational efficiency, and enhance credit delivery to the economy. Customers, employees, and investors are closely watching how this … Read more