The talk of bank mergers is thicker in the air now, than never before. It is reliably learnt that the government at the centre is really serious this time, as this subject has been touched under Point No.129 on Page No.24 of Union Budget for 2014-15 submitted in the Indian Parliament by Hon’ble Finance Minister on 10-07-2014. So, what is in the offing? What will be the effect of bank mergers? What do mergers mean to ordinary employees? What are their implications and consequences? Whether bank mergers are good or bad in Indian context? We will analyse all these points from various perspectives hereunder............
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