PSU bank employees won’t lose jobs due to merger: Arun Jaitley

Updated:1 week, 5 days ago IST

New Delhi, Jan 04 (ANI): Speaking in the Lok Sabha, Finance Minister Arun Jaitley on Friday said that there would be no job losses due to merger of the banks and that the move would create a bigger entity like the State Bank of India (SBI). Earlier this week, the Cabinet approved merger of Vijaya Bank and Dena Bank with Bank of Baroda.

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