Better capitalised: A panel headed by Arun Jaitley recommended combining Vijaya Bank and Dena Bank with Bank of Baroda. — Reuters
NEW DELHI: India is considering merging three state-run lenders as it seeks to strengthen the debt-laden banking system in Asia’s third-largest economy.
A panel headed by Finance Minister Arun Jaitley recommended combining Vijaya Bank and Dena Bank with Bank of Baroda, banking secretary Rajiv Kumar said at a briefing in New Delhi on Monday.
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