Latest Updates Around The World
Finance Minister Pankaj Chaudhary | Photo credit: Sansad TV/ANI Video Grab There is currently no proposal for the merger or consolidation of state-owned banks before the government, parliament was informed on Monday. “Currently, there is no proposal on merger or consolidation of public sector banks (PSBs) before the government,” Minister of State for Finance Pankaj […]
India plans to maintain voting rights ceilings for major shareholders of domestic banks, signaling that financial sector reforms will remain muted. India plans to maintain a cap on voting rights for major shareholders of domestic banks, two sources said. This indicates that New Delhi’s efforts to liberalize the financial sector and attract more foreign investment […]
