Thus, to accurately grasp economic developments, it is extremely important not only to examine macroeconomic indicators but also to thoroughly understand the microeconomic movements behind such macroeconomic indicators. BIS Review 46/2000  2  2.
Any plan for merger or acquisition has to be a Board led process in which all stakeholders have to be involved from beginning. 22. Further, mergers among PSBs may reduce competition in certain segments or geographies substantially and may alter competition between banks and non-banks.