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How to calculate and manage risks using spreadsheet method for your startup
Hello Everyone!Starting a company can be disruptive if entrepreneurs don't anticipate the risk and prepare themselves to mitigate them. If...
What is consolidation of banks and does it really help boost the economy?
Bank Merger
Consolidation of banks is a phenomenon of amalgamating one or more banks into the other bank. The bank into which other banks merged is called the “Anchor Bank”.
The Mega consolidation of banks announced by Honourable Finance Minister Nirmala Sitaraman would help make them with a size comparable to global banks and capable of competing effectively in India and globally. Besides, consolidation would also provide stimulus to amalgamated entities by increasing their ability to lend more. Lending huge amounts will nurture the investments resulting in the increased growth rate. Thus, the economy will get revived from the current slowdown. Upgrade to Basic Plan to unlock this content!This content is locked
Citations :
Skillioma (December 1, 2022) What is consolidation of banks and does it really help boost the economy?. Retrieved from https://www.skillioma.com/what-is-consolidation-of-banks-and-does-it-really-help-boost-the-economy/.
"What is consolidation of banks and does it really help boost the economy?." Skillioma - December 1, 2022, https://www.skillioma.com/what-is-consolidation-of-banks-and-does-it-really-help-boost-the-economy/
"What is consolidation of banks and does it really help boost the economy?." Skillioma - Accessed December 1, 2022. https://www.skillioma.com/what-is-consolidation-of-banks-and-does-it-really-help-boost-the-economy/
Skillioma May 10, 2020 What is consolidation of banks and does it really help boost the economy?., viewed December 1, 2022,<https://www.skillioma.com/what-is-consolidation-of-banks-and-does-it-really-help-boost-the-economy/>
Skillioma - What is consolidation of banks and does it really help boost the economy?. [Internet]. [Accessed December 1, 2022]. Available from: https://www.skillioma.com/what-is-consolidation-of-banks-and-does-it-really-help-boost-the-economy/
"What is consolidation of banks and does it really help boost the economy?." Skillioma [Online]. Available: https://www.skillioma.com/what-is-consolidation-of-banks-and-does-it-really-help-boost-the-economy/. [Accessed: December 1, 2022]
Power words :
- Stimulus
- Nurture
- Slowdown
- Robust
- Committee
- Undermine
- Stake
- Recapitalise
- Amalgamating
- Adverse
- Trauma
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