India Banking Consolidation 2025: Mega Mergers and Strong IPO Pipeline Transform Financial Sector

India’s banking sector is experiencing a major transformation in 2025, driven by government-led consolidation efforts and a robust pipeline of initial public offerings (IPOs). These developments are reshaping the financial services landscape and positioning Indian banks for stronger global competitiveness. Government Pushes Banking Mega Mergers The Reserve Bank of India (RBI) and the Ministry of