The government is not considering any more mergers of public sector banks said the Minister of State for Finance, Pankaj Chaudhary while responding to a question during a Winter Session at the ...

India announced a series of mergers involving 10 state-owned banks on Friday, as it moves to strengthen a sector struggling under a mountain of debt and ensure stronger balance sheets to boost ...

China oversaw its largest-ever wave of rural bank mergers last year, a Reuters review of official data showed, but analysts ...

The small banks merger drive is part of reforms launched by Chinese authorities in 2022 to overhaul the rural banking sector and clean up struggling smaller lenders, after a series of scandals that in ...

The government has already set a precedent by merging several public sector banks, or PSBs ... then you can look at a merger to build strength in these areas.” ...

China executed its largest rural bank consolidation in 2024, merging 290 banks and cooperatives into larger regional lenders.

Liaoning Rural Commercial Bank's balance sheet has not been made public ... banks merger drive is part of reforms launched by Chinese authorities in 2022 to overhaul the rural banking sector ...

Private equity firm Thoma Bravo has backed a merger of two companies focused ... need for high-quality data management in the public sector, with government agencies increasingly seeking to ...

(Reuters) -China oversaw its largest-ever wave of rural bank mergers last year, a Reuters review of official data showed, but analysts say Beijing's efforts to tackle risks in the small banking sector ...