Thursday, Apr 25, 2024 | Last Update : 11:23 PM IST

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SBI chief says mergers can reduce PSBs' need for govt capital

Merger of the state-run banks should open up more capital generation avenues, both internally and from market.

23 Aug 2017 10:28 AM

Idea Cellular seeks NCLT nod for merger with Vodafone India

Deal gives Vodafone India an implied enterprise value of Rs 82,800 crore and Idea Rs 72,200 crore.

08 Aug 2017 4:26 PM

Idea-Vodafone deal gets conditional go-ahead from Sebi

Multi-layered deal was announced in March and recently got clearance from the fair trade regulator CCI.

08 Aug 2017 9:29 AM

Mergers of small banks may hurt MSME sector: report

Disadvantages of big banks are that services are less personable and local people abstain from reaching out to them.

05 Aug 2017 5:10 PM

NCLT approves Dish TV-Videocon D2h merger

Merged entity would have a subscriber base of over 27.2 mn creating largest DTH service provider in industry.

28 Jul 2017 9:56 AM

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Vodafone-Idea merger expected to complete in 2018

Deal gives Vodafone India an enterprise value of Rs 82,800 cr and Idea an enterprise value of Rs 72,200 cr.

26 Jul 2017 10:57 AM

Idea shares end 6.5 pc up on CCI nod to Vodafone India merger

The company's market valuation went up by Rs 2,143.44 crore to Rs 35,267.44 crore.

25 Jul 2017 5:15 PM

IDFC Bank, Shriram Capital agree to merge

Merger will create one of the country's largest retail banks, which could be valued at over Rs 65,000 cr.

08 Jul 2017 7:00 PM

Telecom consolidation augurs well for tower business: Bharti Infra

The company said consolidations like Voda-Idea merger will lead to short term and one-time rationalisation in tenancies.

29 Jun 2017 5:01 PM

Report on Kerala Bank gets approval of state cabinet

Government would initiate steps to get permission in principle from the Reserve Bank of India and the NABARD for the initiative.

28 Jun 2017 6:46 PM

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No assurance on write-offs due to merger: SBI

Merger will help SBI sustain its mission of being an enduring value creator.

13 Jun 2017 5:15 PM

Why SBI group banks' profit fell by Rs 11,984 crore

Five associate banks that have got merged with SBI reported losses affecting parent bank.

25 May 2017 5:19 PM

SBI to hire lesser number of staff in financial year 2018

Merger of five associate banks has brought some thousands of employees to SBI's total staff kitty.

20 May 2017 3:21 PM

Sebi seeks clarification over Idea-Vodafone merger

As part of the proposal, the British firm will own 45.1 per cent of the merged entity.

18 May 2017 4:07 PM

SoftBank logs Rs 9,000 cr loss from India investments

Japanese firm has multi-billion investments in Indian firms, including Ola, Snapdeal and Elara Technologies.

10 May 2017 5:20 PM

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Dish TV gets CCI nod for merger with Videocon d2h

Dish TV, as per directions of the NCLT has convened shareholders' meeting on May 12 to secure their approval.

10 May 2017 4:49 PM

Govt keen to push ahead with more PSB consolidation

Merged entity began operation with deposit base of more than Rs 26 lakh cr and advances level of Rs 18.50 lakh cr.

30 Apr 2017 11:04 AM

PSBs merger could help banking system: Patel

Patel said that divestment in public sector banks would have a positive role for the sector.

25 Apr 2017 3:22 PM

RCom shareholders approve merger with Aircel

RCom and the present shareholders of Aircel will hold 50 per cent stake each in the merged entity.

24 Apr 2017 4:36 PM

Dish TV expects to complete merger with Videocon d2h by Oct

Merged entity would have a subscriber base of 27.2 million, creating the largest DTH service provider in the industry.

16 Apr 2017 12:25 PM

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