Banks mergers a good move, says Vinod Rai

Former comptroller and Auditor General (CAG) and chairman of Banks Board Bureau Vinod Rai on Tuesday said the government’s decision last month to merge 10 state-run banks to create four larger and stronger entities was a “good move” that would lead to greater synergy among them and better governance.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/34Dagok