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This week’s ‘Economy This Week’ segment brings to you all you need to know about the merger of banks in India. Three major banks of India namely, the Bank of Baroda, Vijaya Bank and Dena Bank are being merged. This article discusses pros and cons of the issue, challenges, processes and other details for the UPSC civil services exam.
Download the Bank of Baroda, Vijaya Bank and Dena Bank Merger Notes PDF
Topics covered in this document are:
- Introduction to the issue
- Reasons for the merger
- NPA issue
- Merger process
- The Government’s viewpoint/rationale
- Raghuram Rajan’s views
- Way forward
You can also watch the video lecture of the topic below:
You can also download the PPT of the video lecture from the link below: