More India Bank Mergers Can Spur Efficiency, RBI Researchers Say
Customers use a Union Bank of India automated teller machine, as security guards talk in front of a Bank of Baroda ATM in Mumbai, India. (Photographer: Adeel Halim/Bloomberg)

More India Bank Mergers Can Spur Efficiency, RBI Researchers Say

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(Bloomberg) -- More consolidation in India’s struggling banking sector will help lenders lower costs and efficiently scale their operations, said researchers at the Reserve Bank of India.
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