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Sunday 1 September 2019

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'There won't be single job loss due to banks merger'

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She was replying to a question on the bank employees unions opposing the merger plan on the ground it would lead to loss of jobs. Sitharaman on Friday unveiled a mega plan to merge 10 public sector banks into four as part of plans to create fewer and stronger global-sized lenders as the government looked to boost economic growth from a five-year low.

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