The finance ministry is expected to form a committee to consolidate 12 public sector banks into five and raise foreign investment limits to 49%. This initiative seeks to enhance the banking sector's operational efficiency and competitiveness. The finance ministry is expected to form a committee to consolidate 12 public sector banks into five and raise foreign investment limits to 49%. This initiative seeks to enhance the banking sector's operational efficiency and competitiveness. by Soban News (international And National News)