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Jaitley to meet heads of PSU banks on Sep 16

"The Finance Minister will review the first quarter performance of public sector banks and financial institutions on September 16," sources said.

The merged entity will create a banking behemoth, which can compete with the largest in the world, with an asset base of Rs 37 lakh crore or over $555 billion.
The Bank, he said, can play a role in helping large section of retired persons who were trying to live a respectable life on the strength of their savings.
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Union Budget 2016-17