Amid GDP Slump, Government Announces Mega Merger of Public Sector Banks | The Quint

On what turned out to be a frenetic Friday evening, the government announced merger of 10 public sector banks into four entities, while the GDP growth rate for the first quarter of FY20 slumped to 5 percent, lowest in more than six years. Video: The Quint, ANI Music: Big Bang Fuzz Subscribe to Our New Health Vertical, QuintFit: https://bit.ly/2ukVhya For more videos, subscribe to our channel: http://bit.ly/2aIcith Check out The Quint for more news: https://www.thequint.com To Stay Updated, Download The Quint App: Google Play Store: http://bit.ly/2doDlOo Apple App Store: http://apple.co/2d6qYnT Follow The Quint here: Facebook: http://bit.ly/1RXYIg5 Twitter: http://bit.ly/1tjFuxI Instagram: http://bit.ly/1Piyc18 -------------------------------------------------------------------------------------------- Also Follow The Quint in Hindi: https://hindi.thequint.com