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PSU BANK MERGER
9 PSU banks including Canara Bank, Indian Bank to merge with SBI, PNB, Bank of Baroda? PIB respondsA social media post claiming that the Centre has ordered the consolidation of nine public sector banks into three entities has been debunke...- Jefferies cuts HDFC Bank share price target but retains Buy after CEO opts out of new term. Here’s whyJefferies retained its Buy rating on HDFC Bank but cut the target price to Rs 880 from Rs 1,050 following CEO Sashidhar Jagdishan’s decisio...
- India has fixed its PSU banks. Now comes the more ambitious partThe EAC-PM has proposed consolidating India’s public sector banks into a few large, comparable institutions to meet rising credit demand an...
- Vodafone Idea engaged with SBI-led consortium for debt funding: CEOThe telecom operator Vodafone Idea is in the process of raising capital from a mix of public sector and private lenders, showcasing signifi...
- Q1 Showdown: Analysts pick top bets as ICICI Bank, HDFC, Axis, Kotak, Yes Bank gear up for results this weekFive major private banks will announce their Q1 results this Saturday. Analysts offer mixed views on which banking stocks investors should ...
- PSU bank mergers: Customers of which banks are likely to be impacted and howRetail customers including account holders of amalgamating banks are likely to get affected.
- Senior citizens dread idea of bank mergersAccording to a banker with SBI, senior citizens find it most difficult to deal with change. They get worked up emotionally, and changes lik...
- 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: PSU bank mergers road to somewhere, but not reformsDoes a larger, even potentially world-scale bank mean a more efficient bank?
- FM on 100 days of Modi 2.0: Govt wants to revive confidence in marketsThe government is also conscious of the need to respond to the slowdown in the auto sector.
- PSU bank mergers: The sting of the scorpionMergers have been talked about for nearly two decades.
- Mega mergers not to revive credit growth, improve bottomline: ReportCredit flow to NBFCs will remain a challenge even as bond market access remains differentiated.
- Bank merger: A move 6 months in making that even bank bosses had no idea aboutThere were several calculations, including political ones. It was tech that finally settled the issue.
- 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.
- Indian banking looking at better days ahead: RA Sankara Narayanan, MD & CEO, Canara BankThe idea is to have the best of the manpower from both Canara and Syndicate Bank.
- How the Bank of Baroda, Vijaya Bank and Dena Bank merger will impact youFrom getting a new a/c number to dealing with branch rationalisation exercise, a lot will change for customers.
- BoB-Vijaya-Dena merger: Why select PSU bank stocks rallied on an otherwise weak dayThe news of merger of three PSU banks it triggered selling in several other banking stocks.
- How will proposed mergers impact PSU banks' stocks?Investors should wait and watch as the situation is still fluid. This is because the exact framework of these mergers is still being worked...
- 'Government ready to provide capital support for PSU banks' merger'Sources said the government is keen that at least one merger proposal reaches a logical conclusion by the end of the current fiscal, which ...
- Asset quality remains slightly challenging, but things will start getting better in FY18: SBI's Arundhati BhattacharyaBhattacharya said the banks should be given time to ensure the PSU banks mergers work.
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