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Best of BS Opinion: The case against loan melas, the lesson in bank merger

Here's a selection of Business Standard opinion pieces for the day

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Pallav Nayak New Delhi
How very different state-owned banks are coming together and why the government must make fresh plans for fiscal consolidation. Pallav Nayak sums up the views.

The risk from the surprise slashing of corporate tax rate is that the fiscal deficit will go up and the government will appropriate more savings from the system. The government would do well to make a fresh fiscal consolidation roadmap to instil confidence in the system, says our first edit.

The government's announcement that PSBs would hold “shamiana meetings” to enable small businesses and retail borrowers to access loans makes it clear that