ReferIndia News Consolidation, Yes! But PSU banks need transformation even more

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Consolidation, Yes! But PSU banks need transformation even more

Published on: Nov. 11, 2025, 3:36 p.m. | Source: CNBC TV18

Finance Minister Nirmala Sitharaman confirmed that work has begun on the next phase of public sector bank (PSB) consolidation. While consolidation is important, PSU banks require deeper structural and cultural transformation to become truly world-class.

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