Merger of smaller public-sector banks into some larger public-sector banks will largely reduce overheads. It will also enable merger of bank-branches with negligible business into nearby branches thus resulting in further saving of public-funds in banking-operations.
Beginning should be made by merger of all subsidiary banks of State Bank of India into the main State Bank of India itself. All this will automatically solve problem of shortage of staff, with surplus staff being deputed in branches left after merger.
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