[ad_1] The mega proposal is perceived as a major negative development for Bank of Baroda by analysts. The government led by Narendra Modi yesterday announced the merger of Bank of Baroda (BoB), …
Read More »PSU bank stocks: Stock market update: PSU banks' shares are suffering heavy losses; the sector index dipped by 4%
[ad_1] NEW DELHI: The actions of PSU banks suffered heavy losses in Tuesday's session. PSU banks' actions came under pressure as the government proposed the merger of three banks – Bank of …
Read More »vijaya bank: we do not foresee any capital and liquidity problems: RA Sankara Narayanan, Vijaya Bank
[ad_1] Thanks to the merger, it will be possible to use both rising bonds and assets, RA Sankara Narayanan, MD & CEO, Vijaya Bank, said to ET now. Excerpts edited: What is …
Read More »Dena Bank: Dena Bank CASA ranks 41% against 34% for BoB and 25% for Vijaya Bank: Ramesh Singh
[ad_1] Our provision coverage ratio is already 64-65%. Thus, most things have already been taken into account, said Ramesh Singh, ED, Dena Bank, at ET Now, while discussing the mega merger between …
Read More »Bank of Baroda flows during a merger with smaller competitors
[ad_1] (Reuters) – Bank of Baroda Ltd, the second largest Indian bank in terms of market capitalization, fell 14.2% on Tuesday after the government's decision to merge with Dena Bank and Vijaya …
Read More »What does the merger of Dena Bank, Bank of Baroda and Vijaya Bank mean? – Quartz India
[ad_1] India is trying to have fewer but healthier lenders. On 17 September, Narendra Modi's government announced plans to merge three public sector banks: Bombay-based Dena Bank, Vijaya Bank in Bangalore, and …
Read More »Bank merger: Bank of Baroda, Vijaya Bank and Dena Bank merge in the long term: D-Street experts
[ad_1] NEW DELHI: The government announced on Monday that Dena Bank and Vijaya Bank, PSU lenders, will be merged with Bank of Baroda. At a press conference, Finance Minister Arun Jaitley said …
Read More »Bank merger: Government will merge Bank of Baroda, Vijaya Bank and Dena Bank
[ad_1] NEW DELHI: The government announced on Monday its intention to merge three public sector banks (PSB) to create the third largest lender in the country, as part of efforts to clean …
Read More »Governor of China's central bank calls for additional financial opening
[ad_1] BEIJING (Reuters) – China should continue to open its financial market to boost its global competitiveness, Shanghai Securities News reported on Monday, quoting an essay written by the central bank governor. …
Read More »actions in brief: Hindalco, Bank of India and Coal India among the news values
[ad_1] NEW DELHI: Futures on the Singapore Stock Exchange traded at 36.50 points, or 0.32%, down to 11,510 on Monday, indicating a negative start for the Nifty50. Here is an overview of …
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