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Sensex, Nifty50 surge in morning trade led by banking and metal stocks
India’s benchmark indices Sensex and Nifty50 are likely to open in the green on Thursday amid posit…
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…
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
SBI cuts staff by at least 6,000; will redeploy 10,000 employees
SBI, now, wants to redeploy more than 10,000 employees keeping merger with associate banks and …
India’s 20 state owned banks get about $5 billion back from a loan written off and they are thrilled
The amount of ₹34,250 crore ($4.61 billion) paid by Piramal will be through a combination of cas…
More consolidation may happen in insurance sector going ahead; SBI Life, ICICI Prudential Life among analysts top picks
So, mergers and acquisitions will be a crucial part of the growth journey as there are many insu…
Six banks are going to merge into SBI
Marking the first ever large-scale consolidation in the Indian banking industry, the merger will re…
Clean up books before merger, SBI directs associate banks
"Post-merger, an account can't be classified as standard in the books of one associate bank and sub…
PNB and Bank of Baroda gearing up for next round of consolidation in Indian banking industry
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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…
Top stocks to watch — SBI, HDFC Bank, Wipro, RIL, Future Retail, TCS, Jindal Stainless, UPL, IRCTC, and others
Indian stock-market indices are likely to begin on a tepid note on Wednesday, led by mixed cues fro…
BBB recommends Ashwini Bhatia for post of SBI MD
The bureau members interfaced with 20 candidates from nationalised banks on May 30 for the position…
PTI
Mutual fund industry to see many mergers in next couple of years, says Aditya Birla Sun Life AMC’s CEO
The ₹36 trillion mutual fund industry, in India, with 44 players may see consolidation happening in…
Top stock movers — Bank of Baroda, Reliance Industries, Future Retail, HUL, ICICI Bank, SBI, HDFC Bank, Bharat Dynamics, Tata Motors and more
Indian stock market index Sensex jumped over 250 points in early trade on Thursday led by gains in …
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
Indian Bank board approves share swap for Allahabad Bank merger
As per this plan, United Bank of India and Oriental Bank of Commerce will be merged with Punjab Nat…
PTI
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
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,…