<h1>Government Announces Major National Bank Merger to Boost Efficiency and Stability in Banking Sector.</h1> The Union Minister of Finance and Corporate Affairs announced the amalgamation of several national banks to enhance their operational efficiency and financial stability. This strategic move aims to strengthen the banking sector by consolidating resources, improving customer service, and expanding their reach. The merger is part of a broader initiative to reform the banking industry, ensuring better management of assets and liabilities while fostering economic growth. The government anticipates that this integration will lead to a more robust and competitive banking environment, benefiting both consumers and the economy.