vijaya bank
Govt to bring amendments to two Acts to enable privatisation of PSU banks
Finance Minister announced privatisation of Public Sector Banks (PSBs) as part of disinvestment drive to garner Rs 1.75 lakh crore
BoB proposes to raise Rs 11,900 cr through share sale in FY'20
The bank expects to garner Rs 1,500 crore from Bank of Baroda Employee Share Purchase Scheme.
Merger impact: BoB looks to rationalise 800-900 branches
After comprehensive review, BoB has identified 800-900 branches which needs to be rationalised.
Bank of Baroda to hire consultancy firm to evaluate board performance
The consultancy firm would be tasked to define the 'Board Vision' as an outcome of the board alignment workshop.
Bank of Baroda becomes second largest PSU bank after SBI
BoB completed share allotment to shareholders Dena Bank and Vijaya Bank as per the scheme of amalgamation.
Branches of Vijaya, Dena Bank to function as BoB outlets from April 1: RBI
Earlier this week, government decided to infuse Rs 5,042 crore in BoB to enhance its capital base ahead of merger.
SC refuses to stay merger of Vijaya, Dena banks with BOB
Supreme Court dismissed the applications filed by several bank officers' associations for staying the merger, effective April 1.
Merger of Vijaya Bank and Dena Bank with BoB to be effective from Apr 1
This scheme may be called the Amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda Scheme, 2019, BoB said.
Dena Bank, Vijaya Bank shares tank; BoB rises
The boards of the three banks have also cleared the share-swap ratio for the proposed amalgamation.
Cabinet clears merger of Dena Bank, Vijaya Bank with BoB
With the merger, BoB will become the third largest bank after State Bank of India and ICICI Bank.