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1 min read
Bank of Baroda completes IT integration with 132 branches of erstwhile Vijaya Bank
"We took an incremental approach for migration. As a test case, we first migrated one branch of Vij…
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,…
1 min read
Nageswara Rao joins Bank of Maharashtra as executive director
Rao was officer on special duty and whole time director at Syndicate Bank from April 15, 2019, BoM …
PTI
1 min read
Bank of India appoints Atanu Das as MD and chief exceutive
Mumbai, Jan 21 () State-run Bank of India (BoI) on Tuesday said Atanu Kumar Das has been appointed …
PTI
3 mins read
A number of unions in India are protesting against the government’s decision to merge three state-owned banks
As a result, banking services at a number of public-sector banks will be affected including AT…
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
Bank of Baroda posts Q4 net profit of Rs 506 cr
On asset front, Bank of Baroda witnessed slight improvement as the gross non-performing assets (NPA…
PTI
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
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
Here’s how to check Vijaya Diagnostic IPO allotment status, listing date and more
Diagnostics lab chain Vijaya Diagnostic is likely to announce the allotment of its initial public o…
1 min read
RBI Shortlists 10 Candidates For The Post Of CMD In 8 PSU Banks
According to a media report, Bank of Baroda Executive Directors (ED) B B Joshi and P Srinivas, Punj…
2 mins read
Amalgamation of 10 PSBs into 4 from April 1: FM Sitharaman
"Sticking to the April 1, 2020 deadline, banks are fully on board. The Cabinet may have given the …
PTI
2 mins read
Bank of Baroda posts Rs 507 cr profit in Q4 on lower bad loans provision
As per the filing to exchanges, the bank' standalone profit stood at Rs 506.59 crore in the January…
PTI
1 min read
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
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
1 min read
Modi Govt Overturns UPA's Selection Of Six PSU Bank CMDs
A high-level committee comprising of expenditure secretary, RBI governor and secretary, school educ…
1 min read
Karnam Sekar retires as Indian Overseas Bank MD & CEO
Karnam had joined the bank as an OSD (officer on special duty) and whole-time director on April 1,…