public sector banks
Merger woes: Bank officers associations to meet in Delhi on Sept 5
All the general secretaries of all banks' officers associations will meet there and finalise the action program to oppose the merger.
PSB stocks plunge up to 9.3 per cent post merger announcement
Shares of Corporation Bank tanked 9.28 per cent to Rs 17.10, Punjab National Bank plunged 8.54 per cent to Rs 59.40.
PNB board to consider Rs 18,000-crore capital infusion this week
The board shall consider capital infusion up to Rs 18,000 crore in its meeting scheduled on September 5, 2019, PNB said.
Macro data, global factors key for markets in holiday-shortened week ahead: Experts
Investors would also monitor other key factors such as movement of rupee, crude oil and investment trend by overseas investors.
There will not be single job loss due to merger of banks: FM
I have very clearly underlined the fact that there shall not be one employee removed, said Finance Minister Nirmala Sitharaman.
Finance Secretary dispels fears of job losses after merger of 10 PSU banks
The merger of PSBs is imperative for India to become a five trillion dollar economy in the next five years.
Banks merger reflects govt resolve to address economic slowdown: India Inc
Manufacturing output and subdued farm sector activity pulled down India's GDP growth to 5 pc in April-June quarter.
Govt unveils mega-mergers of PSU banks for economy boost
Number of public sector banks falls to 12, from 27 in 2017.
From 27 to 12, Finance Minister announces mega PSU bank mergers
Non-performing assets have also been brought down from Rs 8.65 lakh crore to Rs 7.9 lakh crore.
FM likely to announce more support measures for economy: DBS
The June quarter GDP numbers due this week will mark a slowdown from March quarter's 5.8 per cent year-on-year.