Finance Minister Nirmala Sitharaman's Major Remarks on Public Sector Bank Mergers

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No Roadmap for Bank Mergers: Finance Minister Nirmala Sitharaman Clarifies

ব্যাঙ্ক মার্জার নিয়ে বড় মন্তব্য অর্থমন্ত্রী নির্মলা সীতারমণের (Image: AI)

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News18•24-02-2026, 15:09

No Roadmap for Bank Mergers: Finance Minister Nirmala Sitharaman Clarifies

•Finance Minister Nirmala Sitharaman stated there is no current roadmap for public sector bank mergers.
•She clarified that bank mergers were not discussed during budget preparations or recent discussions.
•A proposed "High-Level Committee on Banking for a Developed India" will review the banking sector.
•This committee aims to strengthen the banking system, ensure financial stability, and increase financial inclusion.
•RBI Governor Sanjay Malhotra affirmed the Indian banking system's strong position with adequate capital.

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