https://www.taxtmi.com/news?id=21921 Consolidation of public sector banks aims to create larger, national banks with enhanced credit capacity, operational efficiencies from unified core banking platforms and network rationalisation, and redeployment instead of retrenchment. Complementary operational measures include repo-linked loan products, online customer-service improvements, targeted NBFC/HFC support (partial credit guarantees and co-origination), and One-Time Settlement policies. Governance reforms bolster board authority, arm's-length senior appointments, Chief Risk Officer roles, separation of sanctioning and monitoring, and specialised valuation and early-warning systems to improve asset quality and provisioning. en-us Fri, 30 Aug 2019 18:04:14 +0530 Wed, 11 Feb 2026 15:58:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21921 Consolidation of public sector banks aims to create larger, national banks with enhanced credit capacity, operational efficiencies from unified core banking platforms and network rationalisation, and redeployment instead of retrenchment. Complementary operational measures include repo-linked loan products, online customer-service improvements, targeted NBFC/HFC support (partial credit guarantees and co-origination), and One-Time Settlement policies. Governance reforms bolster board authority, arm's-length senior appointments, Chief Risk Officer roles, separation of sanctioning and monitoring, and specialised valuation and early-warning systems to improve asset quality and provisioning. News - Fri, 30 Aug 2019 18:04:14 +0530 https://www.taxtmi.com/news?id=21921