merger
PSB officers on strike, protesting merger, seeking wage hike
Around 3.20 lakh officers from various state-run banks have called for a one-day strike.
IDFC Bank, Capital First rise over 4 pc on completion of merger deal
The boards of IDFC Bank and Capital First met to take note of all requisite approvals and the order from National Company Law Tribunal.
Merger of BoB, Dena bank and Vijaya bank unwarranted: AIBEA
After merger of the six banks with SBI, the non-performing assets have further gone upto Rs 2.25 lakh crore.
Bank unions threaten nationwide strike on December 26
Bank unions called strike to protest the proposed merger of Bank of Baroda, Dena Bank and Vijaya Bank.
BoB, Dena, Vijaya Bank to start operations from April 1
The merger will create India’s third largest bank with a total biz of over Rs 14.82 lakh crore.
BoB, Vijaya Bank, Dena Bank merger plan sent for govt note
Merger of the three banks would be through share swap, which will be the part of the scheme of merger.
Bank of Baroda, Vijaya Bank, Dena Bank send merger proposal for govt nod
The boards of all the three banks have approved the merger proposal and sent the recommendations to the government.
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.
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.
Fingers crossed over next wave of bank mergers
Currently there are nine banks still placed under the prompt corrective action (PCA) framework of the RBI.