SBI, UCO Bank and other PSU lenders rally up to 3% on report of govt weighing fresh reform push

July 16, 2025

PSU bank stocks rallied after reports suggested the government may ease foreign investment limits and explore further consolidation. Potential reforms include corporate entry into banking under strict safeguards. The government aims to build stronger banks to support economic growth, following the 2019 merger of 10 PSU banks into four.

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