SBI, PNB draft joint playbook to tap country's Rs 1.2 lakh-cr M&A market

The lenders, through the To be sure, the discussions are at a preliminary stage, and any final decision will also factor in the vigilance norms that PSU banks are required to follow. These are preliminary deliberations on how to approach this as public sector lenders, if there can be a unified approach on sectors, and a common framework, also taking into consideration the scrutiny around vigilance issues in state-run banks,” said a senior bank executive, adding that 3-4 top banks may hold separate discussi ...