Mega PSB Merger Plan On The Table; Smaller Banks May Be Consolidated With Larger Lenders: Report
Last Updated:October 15, 2025, 2:19 PM IST The Indian government may merge Indian Overseas Bank, Central Bank of India, Bank of India and Bank of Maharashtra with PNB, BoB or SBI. News18 The Indian government is mulling another consolidation plan in public banking sector by merging several small lenders, including Indian Overseas Bank (IOB), Central…