SBI chairman Rajnish Kumar has raised the red flag from a “systemic risk point of view” on further mergers by India’s largest bank, which already has “over 20 per cent market share”.
On this edition of ‘The Big Picture’ we analyse if we need consolidation of PSU banks and what are the implications.
Guests – R. Gopalan, Former Secretary, Financial Services, Ministry of Finance, Ajay Dua, Former Secretary, Ministry of Commerce & Industry, A.K. Bhattacharya, Editorial Director, Business Standard
Anchor: Frank Rausan Pereira