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MERGER OF BANKS
Merger helps Bank of Baroda step up retail loans: CEOThe merger of Vijaya Bank has given Bank of Baroda a lead in retail lending, particularly loans against jewellery, which rose 35% to be one...09 Aug, 2021, 08.32 AM IST- Customers won't face any disruption post Allahabad Bank merger: Indian BankThe merger is part of the government's mega consolidation plan to amalgamate 10 state-run banks to create four global-sized lenders, beginn...31 Mar, 2020, 08.25 PM IST
- HR integration to be prioritised for merger: Indian Bank chief KolkataIn a meeting of Allahabad Bank and Indian Bank in the city on Wednesday, she told executives, staffs and officers of both the banks that th...07 Nov, 2019, 08.29 PM IST
- Merger woes: Bank officers associations to meet in Delhi on September 5Finance Minister Nirmala Sitharaman last week announced the merger of 10 Public Sector Banks into 4.03 Sep, 2019, 03.28 PM IST
- 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.02 Sep, 2019, 09.52 AM IST
- There will not be single job loss due to merger of banks: FMShe was replying to a question on the bank employees unions opposing the merger plan on the ground it would lead to loss of jobs.01 Sep, 2019, 05.14 PM IST
- P Chidambaram welcomes merger of banks“I believe India should have 6-8 big banks with big balance sheets instead of 25 public sector banks. Our banks are pygmies in front of ban...09 Mar, 2019, 10.36 PM IST
- Unions threaten nationwide strike on Dec 26 to protest merger of banksThe strike will be organised by the United Forum of Bank Unions (UFBU), an umbrella body of nine employee and officer unions.01 Dec, 2018, 02.54 PM IST
- Dena Bank board clears merger proposal with BoBLast week, government had announced merger of Bank of Baroda, Vijaya Bank and Dena Bank to create the country's second largest lender by as...24 Sep, 2018, 07.20 PM IST
- Any merger initiative has to come from board of banks: Jayant SinhaThe role of the government or the Reserve Bank of India in the merger of banks would be that of a facilitator, Minister of State for Financ...10 May, 2016, 04.57 PM IST
- No info from govt on bank's merger: Mahila Bank officialBharatiya Mahila Bank has not heard anything from the government over merger of the bank, a top official of the bank said today.10 Dec, 2015, 06.45 PM IST
- Post-merger, Kotak Bank sharpens focus on large corporatesThe Rs 15,000-crore merger, effective April 1, will make KMB the fourth largest private sector bank in the country.05 Apr, 2015, 01.10 PM IST
- Reserve Bank of India open to merger of banks: Raghuram RajanReserve Bank Governor Raghuram Rajan today said it is open to the merger of banks and wants them to decide where more value can be added.01 Apr, 2014, 05.49 PM IST
- P Chidambaram for merger of banks to create 2-3 global entitiesFinance Minister P Chidambaram today favoured mergers in the banking industry so that India can have two-three global sized banks.20 May, 2013, 10.17 PM IST
- Panel for clear policy on mergers in banking sectorA Parliamentary panel has asked the government for a clear policy on mergers and consolidation in the banking sector.23 Feb, 2011, 06.22 AM IST
- ICICI Bank shareholders approve BoR mergerThe country's largest private sector lender ICICI Bank today said its shareholders have approved the merger of Bank of Rajasthan with itsel...22 Jun, 2010, 12.59 PM IST
- Appeals court strikes down Wachovia-Well Fargo merger injunctionA US appeals court has struck down an earlier injunction order on a proposed merger between banks Wells Fargo & Co and Wachovia, Wells Farg...06 Oct, 2008, 08.31 AM IST
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