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India to merge three state-owned banks to tackle bad loans

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India plans to merge state-run Bank of Baroda, Dena Bank and Vijaya Bank, the financial services secretary said on Monday, as part of efforts to tackle a pile of bad loans plaguing the banking sector and revive credit growth.

http://feeds.feedburner.com/~ff/reuters/INtopNews?d=yIl2AUoC8zA from Reuters: Top News https://in.reuters.com/article/india-banks-merger/india-to-merge-three-state-owned-banks-to-tackle-bad-loans-idINKCN1LX1GH?feedType=RSS&feedName=topNews
via reuters.com content & copyrights by Reuters

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