The roadmap to the proposed consolidation of public sector banks is expected to be rolled out by the year-end but the process may take more time to kick off. No mergers will fructify before 2017-18, sources said.
“The exercise has to be very planned and thought out, since this would mean crores of customers and over eight lakh employees…so it needs research and delicate handling if the number has to be brought down to less than 10, it will take...
