Merger Plan Erases $2.8 Billion From India State-Run Lenders
Customers use a Union Bank of India ATM, as security guards talk in front of a Bank of Baroda ATM in Mumbai, India. (Photographer: Adeel Halim/Bloomberg)

Merger Plan Erases $2.8 Billion From India State-Run Lenders

(Bloomberg) -- India’s plan to merge state-controlled lenders as a way to resolve its bad-debt issue didn’t thrill investors.
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.