SBI Backs Another Wave Of Bank Mergers
Published on: Nov. 14, 2025, 3:43 p.m. | Source: NDTV Profit
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 rationalization might make sense. There are still some smaller, sub-scale banks,” Challa Sreenivasulu Setty, chairman of the country’s biggest bank, said in an interview with Bloomberg News in Mumbai. “If another round happens, it may not be a bad idea,” he said.
