You Searched For "state owned bank merger" and got 18 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…
3 mins read
10 state-owned banks announce share swap ratios for mergers
A Grievance Redressal Committee headed by Vijay Kumar Vyas, retired judge of Rajasthan High Court, …
PTI
3 mins read
8 state-owned banks announce share swap ratios for mergers
A Grievance Redressal Committee headed by Vijay Kumar Vyas, retired judge of Rajasthan High Court,…
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…
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…
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
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 Indian government wants to merge more public-sector banks
The Indian government has reportedly asked the RBI to draw up a list of banks that can be merg…
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
2 mins read
Govt to finalise PSU general insurers' merger by March-end: Finance Secretary
"These cooperatives also play an important role in last-mile agriculture credit. So, while we need…
PTI
2 mins read
RBI optimistic about mergers creating global scale PSBs
It can be noted that the global tech giants like Google, Amazon, Whatsap/Facebook and domestic play…
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
Africa's only female billionaire is sending Portuguese bank shares through the roof
However, a potential merger between BCP and BPI would have to clear massive regulatory hurdles, giv…
Mike Bird
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
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
People's United jumps 14% after M&T agrees to buy the regional bank for $7.6 billion
M&T will fund the entire deal with stock, issuing 0.118 shares for each People's United share, repr…
Matthew Fox
3 mins read
Maharashtra Co-op Bank pitches for branch merger of PMC Bank
Mumbai, Feb 4 () Maharashtra State Co-operative (MSC) Bank has written to Union Finance Minister Ni…
PTI
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,…