NZ Vs IND | 1st Test Feb 21, 2020
NZ 216/5 (71.1)
BAN Vs ZIM | One-off Test Feb 22, 2020
ZIM 228/6 (90.0)
Latest News on Bank Merger
Showing of 0 - 10 from 19 results
Bank Merger - Total results - 19
Feb 10, 2020
Govt likely to notify merger of 10 PSU banks this week; all lenders to complete amalgamation procedures by AprilThe banks will need to follow regulatory formalities to protect the interest of minority shareholders. Each bank is required to follow the regulatory norms to protect the interests of minority stakeholders.
Oct 31, 2019
HDFC acquires 9.89% stake in Bandhan Bank as part of merger scheme; over 15.93 cr shares transferred to mortgage firmEarlier this month, Bandhan Bank merged with Gruh Finance, which brought down the shareholding of the promoter from 82.26 percent to 60.96 percent.
Oct 10, 2019
Lakshmi Vilas Bank-Indiabulls Housing Finance proposed merger gets a clear No from Mint RoadThe application for the merger of Lakshmi Vilas Bank and India Bulls Housing Finance was made in May after both the parties agreed to the merger in April.
Sep 16, 2019
SBI mulls to approach RBI for clarification on lender’s plan to offer fixed-floating rate home loansAt present, SBI has a floating rate home loan product linked to its marginal cost of funds-based lending rate and it recently withdrew one linked to the repo rate.
Sep 01, 2019
There will not be a single job loss due to merger of banks, assures Nirmala SitharamanThe merger of banks will bring down the number of state-run banks to 12 from 19 after the merger of Dena Bank and Vijaya Bank with Bank of Baroda effective April 2019.
Aug 30, 2019
Mega bank merger announcement: Govt to amalgamate 10 public sector banks into four large entitiesAfter the bank merger, only 12 PSBs will be left in India from the 27 earlier
Jun 23, 2019
IndusInd Bank promoters to pump Rs 2,700 crore via warrants to ramp up promoter holding post-merger with Bharat FinancialThe merger between IndusInd Bank and the micro-lender, which will be effective 4 July is accretive from a profit, margin and return on equity perspective
Apr 02, 2019
Despite weaker Dena Bank, Bank of Baroda has minimal impact on NPAs post-merger, says CEO PS JayakumarThe amalgamation of Dena and Vijaya with BoB is the second merger during the past five years
Apr 01, 2019
Bank of Baroda is now third largest lender as Dena, Vijaya Bank merger take effect from 1 AprilState-run Bank of Baroda is catapulting itself for a larger play in the system with the merger of Dena Bank and Vijaya Bank with itself from Monday.
Mar 29, 2019
BoB-Dena-Vijaya Bank merger: Amalgamation to create second largest PSB; here is how things will change for customersThe government in September last year had announced the merger of Vijaya Bank and Dena Bank with BoB, aiming to create the third-largest lender after SBI and ICICI Bank.