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SBI backs another wave of public sector bank mergers
Financial Express Kolkata
|November 15, 2025
STATE BANK OF India (SBI) is supportive of another wave of mergers among state-backed lenders as policymakers explore ways to build scale and finance growth in the world’s fastest-growing major economy.
“Some further rationalisation might make sense. There are still some smaller, sub-scale banks,’ Challa Sreenivasulu Setty, chairman of SBI, said in an interview with Bloomberg News. “If another round happens, it may not be a bad idea.”
This story is from the November 15, 2025 edition of Financial Express Kolkata.
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