Question

will bank mergers lead to stronger economy.?​

Answer 1

$\huge\underline\mathfrak\pink{hola Mate}$

$<b>$The rationale is evident—banks saddled with bad loans or weak operating metrics are to be integrated with stronger, more efficient banks. ... Logic suggests the mergers will lead to higher scale of operations, resulting in improved efficiency and lower costs.

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#$\huge\underline{Yashika}$

Answer 2

Yes the bank mergers lead to stronger economy

Explanation:

• This will help in the improvement of the economy because merging of banks enhances the financial policies and includes more financial systems so that the rate of money transaction process between the buyers and the sellers will increase day by day.
• In this way, the banks become wealthier and will help the people in situations when their economic features are down.
• In addition to this, the customer representatives of the merged banks will meet number of clients to access the financial services.

TO KNOW MORE:

Merging of banking - a step towards development in banking?

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Pros & Cons of PSU’s Banks Merger.

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