Mergers and amalgamation of banks are a common phenomena, in the banking industry worldwide. But while globally they are driven and done due to market compulsions, in India, since the banking business is under government monopoly, they are mostly done due to government mandates. In this episode of the Business Tit-Bits, our Business Editor Mr Akhilesh Bhargava talks about the recently announced bank mergers and whether it will serve the purpose. #BankMergers #NirmalaSitharaman
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