Over 3,400 branches of 26 PSBs closed or merged in last 5 years: RTI

The RTI information came out at a time when the Centre is planning to consolidate 10 PSBs into four mega state-owned lenders. According to RTI reply, the maximum 2,568 branches of the SBI were affected due to merger or closure in the last five financial years.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2PIqzvh