https://www.taxtmi.com/news?id=60802 The government is engaging with the Reserve Bank and lenders to create larger, world-class banks and has urged banks to deepen and widen credit flows to industry, linking demand from GST rate cuts to investment. It highlights ongoing structural measures: privatisation and strategic sale of IDBI Bank with Sebi-approved reclassification of its insurer from promoter to public shareholder, and the consolidation of public sector banks through multiple mergers to strengthen the banking system. en-us Thu, 06 Nov 2025 16:01:03 +0530 Thu, 06 Nov 2025 16:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=60802 The government is engaging with the Reserve Bank and lenders to create larger, world-class banks and has urged banks to deepen and widen credit flows to industry, linking demand from GST rate cuts to investment. It highlights ongoing structural measures: privatisation and strategic sale of IDBI Bank with Sebi-approved reclassification of its insurer from promoter to public shareholder, and the consolidation of public sector banks through multiple mergers to strengthen the banking system. News - Thu, 06 Nov 2025 16:01:03 +0530 https://www.taxtmi.com/news?id=60802