Union Cabinet approves alternative mechanism Framework for consolidation of Public Sector Banks

Posted on:24 Aug 2017 09:14:10
Union Cabinet approves alternative mechanism Framework for consolidation of Public Sector Banks
24 August 2017 Current Affairs: The Union Cabinet approved Framework for Consolidation of Public Sector Banks (PSBs) through an Alternative Mechanism (AM).

The decision would facilitate consolidation among the nationalised banks to create strong and competitive banks and also improve their competitiveness.

Under this framework, the decision regarding creating strong and competitive banks will be solely based on commercial considerations.

Monthly Current Affairs

Current Affairs Section

Daily Current Affairs Quiz

Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs 2018 May

27 MAY
NEWS
26 MAY
NEWS
25 MAY
NEWS
24 MAY
NEWS

Current Affairs 2018 April

30 APRIL
NEWS
29 APRIL
NEWS
28 APRIL
NEWS
27 APRIL
NEWS

Current Affairs 2018 March

31 MARCH
NEWS
30 MARCH
NEWS
29 MARCH
NEWS
28 MARCH
NEWS