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PSB BANK MERGER
PSBs may lose the edge over private peers as tightening liquidity, rising credit costs may impact growthPublic sector banks' advantage over private lenders is fading. Excess liquidity and low credit costs are diminishing. Liquidity coverage ra...
HDFC Bank vs SBI: Which stock should you buy now?Following a March selloff, banking stocks like SBI and HDFC Bank have seen sharp April recoveries, prompting analysts to evaluate their val...
Profitability of PSBs improved post amalgamation: MoS for FinanceAccording to RBI's data, profitability of public sector banks (PSBs) that have been amalgamated/merged during the last five years has impro...
PSB banks merger: 10 banks to bear the name of 4 anchor banksThe government has also decided to follow the Bank of Baroda-style branding where all the merging bank logos will be displayed for higher c...
Govt may notify merger of 10 PSBs to 4 lenders this weekAfter it is notified, the respective bank boards will meet to give their customary final approval.
Merged banks’ group covers to stay: IrdaiIrdai guidelines will benefit the policyholders of PSBs which will be affected due to the government's bank-merger program. Earlier, when t...
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.
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 ...
Nirmala Sitharaman announces big reforms for Public Sector Banks: Key highlightsFinance Minister announced amalgamation of ten public sector banks into four big banks.
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.
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 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...