bank of baroda
Vijaya Bank gives nod to proposal of merger with Bank of Baroda, Dena Bank
The merger entity of Vijaya Bank, Dena Bank and Bank of Baroda will become the third largest lender in India.
Moody's retains Bank of Baroda rating after merger announcement
Last week, government had announced merger of BoB, Vijaya Bank and Dena Bank to create the country's second largest lender.
BoB, Vijaya Bank, Dena Bank merger may cause short-term spurt in bad assets
The merged bank may need additional tier 1 capital depending on internal accruals for FY19.
Merger of 3 banks: Danger lies ahead
The merger will create India’s third largest bank, with total business worth Rs 14.82 lakh crores.
Dena Bank surges 20 pc; BoB tumbles 14 pc post merger announcement
Shares of Bank of Baroda dived 13.76 per cent to Rs 116.50 and Vijaya Bank lost 2.59 per cent to Rs 58.25.
Merger of BoB, Vijaya, Dena Bank to improve efficiency, governance: Moody's
The merged entity will have a market share of about 6.8 per cent by loans, according to data as of March 2018.
Vijaya, Dena, Bank of Baroda in 3-way bank merger
Merged entity will be 3rd largest bank after SBI and PNB in terms of size, deposits and will continue to receive capital support from govt.
Dena Bank, Vijaya Bank and Bank of Baroda to be merged, says govt
The merged entity will have a combined business of Rs 14.82 lakh crores, with 10,000 branches and around 85,000 employees.
Bank of Baroda hikes MCLR by 5 bps across tenors
The rise in MCLR will make home, auto and other loans costlier for customers.
PSBs see GNPAs rise by Rs 1,54,470 crore in FY18
PNB lead the pack with bad loans rising about 56%.