You Searched For "india bank mergers" and got 15 results
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2 mins read
Indian government decides to merge ten public sector banks to form four large entities
Indian finance minister Nirmala Sitharaman today announced the merger of ten state-owned banks into…
2 mins read
SBI and private banks may gain customers from India's government banks' mergers
The Indian government has decided to merge 10 state-owned banks into four, a move that has been che…
4 mins read
IDFC to merge with its banking arm in all-stock deal
IDFC First Bank has announced the merger of its parent company, IDFC Ltd, in an all-stock transacti…
PTI
1 min read
Merger process major challenge for PSBs in near future: SBI chief
The four new set of proposed mergers included Punjab National Bank, Oriental Bank of Commerce and …
PTI
1 min read
Employee unions hold dharna against reforms, consolidation in PSBs
New Delhi, Dec 10 () Employee unions of public sector banks on Tuesday held day-long dharna here op…
PTI
1 min read
Banks' merger to come into effect from Apr 1, says Sitharaman
United Bank of India and Oriental Bank of Commerce will be merged with Punjab National Bank; Syndic…
PTI
2 mins read
The chairman of India’s largest bank has said that it shouldn’t absorb any more banks
SBI is India’s largest bank, holding a little under a quarter of all the assets in the banking…
1 min read
Allahabad Bank gets govt's in-principle nod for merger with Indian Bank
New Delhi, Nov 19 () Allahabad Bank on Tuesday said the government has given in-principle approval …
PTI
1 min read
FM to meet heads of merging banks on Thursday
As per the proposal, Oriental Bank of Commerce (OBC) and United Bank of India (UBI) would be merge…
PTI
2 mins read
PNB seeks IRDAI forbearance for paring stake in Canara HSBC OBC Life
New Delhi, Feb 3 () State-owned Punjab National Bank is seeking IRDAI forbearance on cutting down s…
PTI
1 min read
Six banks are going to merge into SBI
Marking the first ever large-scale consolidation in the Indian banking industry, the merger will re…
2 mins read
India’s government is merging three state-owned lenders to create one of the country’s largest banks
The problems plaguing India’s public sector banks are well known. In addition to poor governance,…
1 min read
Six banks lost their identity today: Jairam Ramesh
"Today two pioneers in Indian banking - Andhra Bank and Syndicate Bank - lose their distinctive ide…
PTI
1 min read
PNB, Union Bank get in-principal nod from govt for proposed merger
New Delhi, Nov 18 () Punjab National Bank and Union Bank of India on Monday said they have received…
PTI
2 mins read
Merged PSBs to ensure no disruption to credit flow, enhanced customer experience: FinMin
Following the merger, Punjab National Bank will become the country's second largest bank, with bus…