Meet India's new super-bank
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Five banks are merging to create an Indian super-bank

Five Indian banks are to merge with the country’s largest bank – the State Bank of India or SBI - to create a super-bank with $550bn of assets and 500 million customers.

The government expects the merger to create $200m in cost savings. Is consolidation the answer for India's fragmented banking sector? Sameer Hashmi takes a look.

Asia Business Report can be seen on BBC World News and the BBC News Channel.

  • 31 Mar 2017
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