Yes. Most of the PSU shall be merged or they shall not be allowed to open banches in the same locality ( 10 KMS range ) . This saves lot of money of the banks, viz., Employees cost, establishment cost etc. This limit leads to opening of new branches in new ares, in turn benefits the public.

yes, it is only better choice of consolidation in banking sector reforms

This has been the rheotic of the FM. but it never happened. Small and beautiful is the best. Creating big corporations and misusing them (like LIC) is governments ploy. If it happens it should be professionally managed. Other wise it is bound to doom.

it will create global bank, which will help to fight with the global bank.

today most of the process is done electronically. So the banks have unlimited growth potiential

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Banks think that it is not possible when there is a tough competition.

It is not easy vista to mergers among PSU banks due to a strong resistance from workers` unions.

In view of the proposed Basil-III guidelines to be introduced .

yes

There is no roadmap. With consolidated what are they going to achieve.

it will take some time to take decisions like this

Yes .Several banks have similar playing field and common customenrs.It is better to merge the like minded banks to create better operational efficiencies which will lead to higher profits

yes

THE VALUE OF ANY BANK DEPENDS ON GDP OF THE COUNTRY AND ITS MULTINATIONAL PRESENCE. EVEN IF U MERGE ALL SCHEDULED BANKS, NATIONALISED BANKS, PVT BANKS, CO OP BANKS, RRBS, EVEN THEN WE DO NOT MEASURE UP TO TOP 10. TO IMPROVE THE BUSINESS OF THE BANKS, BRING IN THE PARALLEL MONEY TO MAIN STREAM AND IMPROVE CONDITIONS FOR HIGHER GDP THE SIZE AND STRENGTH WILL MOVE UP. FM IS SIMPLY BANKING ON THE LACK OF UNDERSTANDING OF THE NATION. JAGADISH P M