Sept 5 (Reuters) -
* MOODY'S SAYS PROPOSED CONSOLIDATION IS CREDIT POSITIVE FOR INDIAN STATE-OWNED BANKS
* MOODY'S SAYS CONSOLIDATION PLAN TO BENEFIT INDIAN STATE-RUN BANKS AS IT WILL RESULT IN INCREASED OPERATIONAL SCALE AND CAPITAL
* MOODY'S SAYS CONSOLIDATION PLAN TO BENEFIT INDIAN STATE-RUN BANKS AS IT WILL ALSO LONGER-TERM POTENTIALLY LEAD TO IMPROVED CORPORATE GOVERNANCE
* MOODY'S SAYS EXPECT MERGERS OF INDIAN STATE-RUN BANKS TO BE COMPLETED BY THE MIDDLE OF NEXT YEAR
* MOODY'S SAYS ASSET QUALITY AND PROFITABILITY OF INDIAN STATE-RUN BANKS TO REMAIN BROADLY UNCHANGED AFTER CONSOLIDATION