The last major consolidation of public sector banks was carried out in 2020, when the number of banks run by the government were cut down to 12, from 27 earlier, by merging smaller lenders with larger ones.
The last major consolidation of public sector banks was carried out in 2020, when the number of banks run by the government were cut down to 12, from 27 earlier, by merging smaller lenders with larger ones.