No job losses post merger of 10 PSBs: GovernmentIn August, the government announced a mega plan to merge 10 public sector banks into four with a view to creating fewer and stronger global...
View: Why India's mega bank mergers move may not yield the desired resultsGovernment’s forced mega merger of public sector banks could scupper economic recovery.
How the new banks will lookAfter the big-bang merger, the total number of PSBs in India will come down to 12 from 27 two years ago.
PSB mergers: Anchor banks likely to fare better on boursesThe worst hit could be Indian Bank as Allahabad Bank has net NPAs exceeding its net worth.
Bonds of weaker banks to gain more post PSB mergersThe 10 banks together have ₹57,729.7 crore in outstanding bonds.
NextGen PSBs: Which bank merged with whom and what's the impactIn place of fragmented lending capacity with 27 PSBs in 2017, now there will be 12 PSBs post consolidation.
Nirmala Sitharaman lays out roadmap for better governance of PSU banksThe finance minister also announced that banks can now recruit Chief Risk Officer from the market, at market-linked compensation levels to ...
Finance Minister Nirmala Sitharaman announces mega merger, 10 PSBs amalgamated into 4 entitiesFinance Minister Nirmala Sitharaman today announced four mega-mergers, comprising of 10 PSB banks.
Government not looking at any other proposal for PSB mergerThe Union Cabinet last month approved the merger of these three banks to create the country's third-largest lender.
Dena bringing NPAs down to as low as possible before merger: Karnam Sekar"We have been selling assets right after we were put in PCA. We have sold Rs 500 crore worth of loans."
Bank mergers: An idea whose time should never comeLarger sized banks are required to meet the requirements of larger projects in a growing economy.
No proposal of PSB merger under consideration: GovtA panel was set up under the chairmanship of FM Arun Jaitley in November to examine the merger proposals submitted by banks.
PSB chiefs' selection may be put on hold amid merger pushIt may also review the performance of bank managing directors with those who don’t score too well being asked to improve or quit, said a fi...
PSB merger: There will be pain in merger in the short term, says DK MittalSenior management will be very shaky, says the former banking secretary
PSU banks’ merger will help improve credit quality and address skill deficiency: Dinesh Kumar Khara, SBI“If employees’ concerns are addressed well, they probably can come forward and collaborate in the process.”
PSB mergers should be between equals: SBI Chief Arundhati BhattacharyaThere can’t be a one-size-fits-all approach, and the temptation to merge the weaker ones with the stronger ones should be resisted as it le...
- No bail out package for PSU banks: Govt
The government on Tuesday said there would be no bail out package for public sector banks as they have emerged strong and even Punjab and S...