Indian finance minister Nirmala Sitharaman. Picture: BLOOMBERG/T NARAYAN
“The economy is shifting to a different plane altogether,” Sitharaman said. “Even before the pandemic the driving force for amalgamation [of banks] was that India needs a lot more banks, but a lot more big banks.”She did not give details, but the government has been consolidating state-run banks to combat the pandemic slowdown and create bigger and stronger banks while it also looks to sell its stakes in, and privatise, at least two state-run banks.
“You cannot any more be in digital silos,” she said. “All of your systems should be speaking to one another.”
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Sumber: City_Press - 🏆 7. / 72 Baca lebih lajut »
Finance minister Enoch Godongwana to address Sunday Times investment dialogue webinarSA finance minister Enoch Godongwana will deliver the keynote address at a webinar involving some of SA's top thinkers and business leaders on September 30. Top thinkers some people are special.
Sumber: TimesLIVE - 🏆 28. / 59 Baca lebih lajut »