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MUMBAI (Reuters) - Funding conditions in India are likely to play a crucial role in constraining loan growth for many banks in the country, and credit expansion could moderate by 200 basis points in the next fiscal year, S&P Global Ratings said in note on Thursday.
Consolidation in PSU banks may lead to 10-15 lenders that are majority owned by govt, down from the current 21, says principal economic adviser
Bank Board Bureau formed to bring all PSBs under banking investment company, govt's share below 50%