Finance Ministry starts groundwork for fresh bank consolidation

Finance Ministry starts groundwork for fresh bank consolidation

The next wave of bank consolidation is planned during the October-December quarter of the current fiscal with the Finance Ministry starting to seek information from PSBs on possible targets for amalgamation/mergers and acquisitions with justification on how such an initiative...
read more
Fiscal Consolidation Plan Likely To Continue: Report

Fiscal Consolidation Plan Likely To Continue: Report

The government is likely to stick to the medium-term fiscal consolidation plan by targeting 2018-19 fiscal deficit at 3 per cent of GDP, a Deutsche Bank report says. According to the global financial services major, the fiscal deficit target for...
read more