We want to revive them and make them professional, said Communications minister Ravi Shankar Prasad.
28 Nov 2019 2:50 PM
Merger would be achieved via creation of a parent company in Netherlands in which the shareholders of each current group would own half.
31 Oct 2019 2:14 PM
MTNL's scrip jumped 4.92 per cent to Rs 6.19 -- its upper circuit limit on the BSE.
24 Oct 2019 11:20 AM
Government may call it a merger but in reality it is cold-blooded murder of six banks,” a release by the bank unions said.
23 Oct 2019 9:05 AM
LVB is under the prompt corrective action framework of RBI since last month for low levels of capital buffers.
10 Oct 2019 5:24 PM
Indiabulls Housing Finance (IBHF) stock tumbled 18.02 per cent to trade at Rs 197 on the BSE.
10 Oct 2019 12:11 PM
Merger will make the new entity the second-largest bank in the country after the SBI with a total business volume of Rs 18 lakh crore.
02 Oct 2019 12:13 PM
Employees and officers of Allahabad Bank staged a demonstration in front of its headquarters here to protest against the merger.
17 Sep 2019 9:00 AM
Following next year, Bank of Baroda had merged Vijaya Bank and Dena Bank with itself.
12 Sep 2019 9:14 AM
Grab and Gojek are the top-two startup brands in Southeast Asia, valued at USD 14 billion and USD10 billion.
11 Sep 2019 11:57 AM
All the general secretaries of all banks' officers associations will meet there and finalise the action program to oppose the merger.
03 Sep 2019 2:59 PM
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.
03 Sep 2019 1:11 PM
I have very clearly underlined the fact that there shall not be one employee removed, said Finance Minister Nirmala Sitharaman.
01 Sep 2019 4:55 PM
The government on Friday unveiled a mega plan to merge 10 public sector banks into four as part of plans.
31 Aug 2019 2:14 PM
Manufacturing output and subdued farm sector activity pulled down India's GDP growth to 5 pc in April-June quarter.
31 Aug 2019 11:08 AM
Non-performing assets have also been brought down from Rs 8.65 lakh crore to Rs 7.9 lakh crore.
30 Aug 2019 4:55 PM
The net worth of BSNL stood at Rs 34,276 crore, while MTNL had a negative networth of Rs 9,735 crore as on April 1, 2019.
30 Jul 2019 4:11 PM
In April this year, Lakshmi Vilas Bank had announced its merger with Indiabulls Housing Finance in a share-swap deal.
21 Jun 2019 11:24 AM
The government has warned against ‘any haste’ regarding the proposed 50/50 merger.
06 Jun 2019 8:49 AM
Nissan, a long-time Renault partner, fears being sidelined by the deal.
04 Jun 2019 11:45 AM