Mega merger of 10 PSU banks takes effect: Key pts ...Middle East

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Mega merger of 10 PSU banks takes effect: Key pts
The mega merger of ten public sector undertaking (PSU) banks into four large entities, announced by finance minister Nirmala Sitharaman in August 2019, came into effect from Wednesday. Customers, including depositors of the merging banks, will now be treated as customers of the banks in which they have merged.

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