ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

R KrishnamurthySubscribe to R Krishnamurthy

Public Sector Bank Mergers

The slowdown in the economy and the resultant rise in bad loans have led to criticism of public sector banks and questioning of their raison d’être. While there is a rush to find a quick solution by merging PSBs, it would be wise to examine the ground realities closely. India needs a mix of efficiently run PSBs and aggressive private banks to achieve growth and development along with social justice.
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