India’s Banking Landscape: From Fragmentation to Consolidation
Sep 14th, 2025 | By ThenewsmanofIndia.com|THE NEWSMAN OF INDIA.COM | by Abul Hasan| The story of India’s banking sector has undergone a dramatic shift in the past few years. What was once a vast network of 27 public sector banks (PSBs) has, through a carefully planned consolidation exercise, been streamlined into a leaner, more robust system of 12 state-owned lenders.
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