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After SBI, UCO Bank and two other public lenders to get merged?

After asking State Bank of India (SBI) to merge its 5 associate banks, the government may ask three other public lenders namely UCO Bank, Bank of India and Indian Overseas Bank with financially sound bank


After SBI, UCO Bank and two other public lenders to get merged?

Zee Media Network

New Delhi: After asking State Bank of India (SBI) to merge its 5 associate banks, the government may ask three other public lenders namely UCO Bank, Bank of India and Indian Overseas Bank with financially sound banks, as per a report in the Economic Times.

The report further claims that the discussions regarding the restructure are still in the first stage and only after the banks come with a proposal the government will act as a facilitator.

 

 

From Zee News

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