Tag: Public Sector

New Delhi: The Union cabinet on Wednesday approved the merger of public sector lenders Dena Bank, Vijaya Bank with Bank of Baroda (BoB). According to Union Minister Ravi Shankar Prasad, the merger will make BoB the third largest bank in the country and a “globally competitive entity”. The minister said there will be no retrenchment […]

New Delhi: The Indian industry and infrastructure sector’s real challenge is to bring in adequate private investment in collaboration with the public sector, said the Economic Survey 2018-19. “The real challenge lies in bringing adequate private investment across the country with the collaboration of public sector. Along with physical infrastructure; provision of social infrastructure is […]