Government considers fresh PSU bank mergers amid staff concern over integration

New PSU bank merger proposals aim to halve bank count, but past cases warn of employee morale and HR-policy challenges.

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3 days ago

Government considers fresh PSU bank mergers amid staff concern over integration

Government considers fresh PSU bank mergers amid staff concern over integration
The government is reportedly evaluating another round of public-sector-bank (PSB) mergers that could cut the number of state-run banks by half. While consolidation aims to build globally competitive banks with stronger capital and reach, former merger experiences raise concerns over employee morale, uneven promotion policies and cultural integration across merged entities.
Tags:
  • PSB merger
  • banking reform