Government can do some more, merger, work on offer

Bank Merger

In order to reduce the NPA and increase the mobility of the banks, the federal government is working on the proposal for the merger of some more banks. By which their number may decrease from 21 to 10-12. It plans to build 3-4 banks of global size. According to media reports, Punjab and Sindh Bank and Andhra Bank will continue to be independent entities and some medium sized banks will also be present.