New Delhi: India’s bank employee unions have come out strongly against any new plans for public sector bank mergers, warning that any further consolidation could undermine financial inclusion, dent employee morale, and weaken customer service. The government is said to be weighing new plans to restructure state-run lenders, a move that could mark the second major consolidation drive after the 2017-2020 mergers that shrank the number of public sector banks from 27 to 12. On 28 October, Mint reported that of ...