India Plans Mega Banks but Analysts Say Bet on Rivals Instead
A Punjab National Bank (PNB) office building stands in New Delhi. (Photographer: Anindito Mukherjee/Bloomberg)

India Plans Mega Banks but Analysts Say Bet on Rivals Instead

(Bloomberg) -- Equity analysts predict that India’s move to merge several of its state banks will slow their loan growth, and many brokers advise buying shares of the lenders’ rivals who stand to b...
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.