The government has also decided to follow the Bank of Baroda-style branding where all the merging bank logos will be displayed for higher c...

After it is notified, the respective bank boards will meet to give their customary final approval.

Irdai guidelines will benefit the policyholders of PSBs which will be affected due to the government's bank-merger program. Earlier, when t...

In August, the government announced a mega plan to merge 10 public sector banks into four with a view to creating fewer and stronger global...

Government’s forced mega merger of public sector banks could scupper economic recovery.

After the big-bang merger, the total number of PSBs in India will come down to 12 from 27 two years ago.

The worst hit could be Indian Bank as Allahabad Bank has net NPAs exceeding its net worth.

In place of fragmented lending capacity with 27 PSBs in 2017, now there will be 12 PSBs post consolidation.

The finance minister also announced that banks can now recruit Chief Risk Officer from the market, at market-linked compensation levels to ...

Finance Minister announced amalgamation of ten public sector banks into four big banks.

Finance Minister Nirmala Sitharaman today announced four mega-mergers, comprising of 10 PSB banks.

The Union Cabinet last month approved the merger of these three banks to create the country's third-largest lender.

"We have been selling assets right after we were put in PCA. We have sold Rs 500 crore worth of loans."

Larger sized banks are required to meet the requirements of larger projects in a growing economy.

It 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...

There 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...

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...