Banks Merger Talks Spark 4% Rally in Central Bank, UCO Bank, and Punjab & Sind Bank
On 6 November 2025, news broke that India’s government is again exploring a major bank consolidation. Talks of merging the Central Bank of India, UCO Bank, and Punjab & Sind Bank have sent their shares soaring by nearly 4%. This jump reflects strong investor hope that bigger, more efficient banks could emerge. In recent years, the…