State-run bank mergers: How tech platform sealed the fate https://ift.tt/32g4tmF - Walletnews For Me

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Friday, August 30, 2019

State-run bank mergers: How tech platform sealed the fate https://ift.tt/32g4tmF

For the last six months or so, officials in the department of financial services and the public sector bank brass had been brainstorming to move ahead with the long-pending consolidation plan. But it was not until Friday afternoon that even the bank chiefs were informed about the combinations that had been worked out by the government.
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