International Research Journal of Commerce , Arts and Science

 ( Online- ISSN 2319 - 9202 )     New DOI : 10.32804/CASIRJ

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A STUDY OF RECENT CHANGES IN INDIAN PUBLIC SECTOR BANKS

    1 Author(s):  ANJU BALA

Vol -  10, Issue- 10 ,         Page(s) : 11 - 14  (2019 ) DOI : https://doi.org/10.32804/CASIRJ

Abstract

Recently, the present govt. has taken a decision regarging the public sector bank. Gdp rate of india was 8.2 in second quarter and in 2019 it was reduced to 5 . the growth of Indian economy is decreasing day by day. After a deep study govt govt found that npas of public sector banks goes on increasing.due to which public sector banks are going in loss and reducing investments in private sector . many of public sector banks which are financially weak are opting investment in govt bonds, govt securities instead of investing in private sector due to fear of risk of loss or NPAs. Due to this , finance minister nirmala sitharama announcedthe governments plan for the merger of 12 banks including10 public sector banks.

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https://epaper.tribuneindia.com/m5/2307783/Bathinda-Edition/BTI-31-August-2019#page/3/1

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