India's big bank moment has arrived. Why it matters
Published on: Nov. 7, 2025, 3:33 p.m. | Source: The Economic Times
India aims to build global-scale banks. This consolidation of public sector banks will create mega institutions. These banks will finance the nation's growing infrastructure, manufacturing, and technology needs. The move supports India's vision of becoming a developed economy by 2047. Stronger, larger banks are essential for sustained rapid growth and global competitiveness.
