Bharatiya Mahila Bank

State-run banks to go on nation-wide strike Wednesday; protesting against Vijaya Bank and Dena Bank's merger with Bank of Baroda

Services of state-owned banks are expected to be impacted on Wednesday due to a nation-wide strike call given by unions to protest against the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda. This will be the second bank strike in less than a week.

Bank of Baroda board to meet on 29 September to consider merger proposal

The government announced plans to merge Bank of Baroda, Vijaya Bank and Dena Bank to create the country's third-largest lender as part of efforts to revive credit and economic growth.

Bank of Baroda, Dena, Vijaya Bank merger to up operating efficiencies of new entity: Crisil Ratings report

Crisil Ratings in its report said the success of the three-way merger will be crucial as it will pave the revival path for other weak public sector banks (PSBs)

Bank of Baroda, Dena, Vijaya Bank's consolidation: New entity to be operational from 1 April, 2019

These three state-run banks would work on a strict timeline and necessary regulatory process is expected to be over by the end of 2018-19

Consolidation of public sector banks: Govt says no proposal of PSBs merger under consideration

MoS for finance says the government has put in place an approval framework for proposals to amalgamate nationalised banks.

SBI changes names, IFSC codes of around 1,300 branches in major cities; any use of old codes will get mapped with new

IFSC is an 11-digit alpha-numeric code used to uniquely identify all bank branches participating in any RBI regulated funds transfer system.

SBI's Arundhati Bhattacharya says mergers can reduce state-run banks' need for govt capital

SBI has moved to a return on equity (RoE) based budgeting, along with risk based budgeting in managing its portfolio.

Number of public sector banks may go down to 12 as govt mulls consolidation

As part of a three-tier structure,there would be at least 3-4 banks of the size of SBI, the country's largest lender.

Note ban may continue to slow down economy, impact business, cautions SBI

The effects of the demonetisation decision are uncertain, which may adversely affect the bank’s business, results of operations and financial condition, the bank said in the Preliminary Placement Document to investors while flagging the 'risk factors'.

SBI chief Arundhati Bhattacharya rules out spike in bad loans after merger

Effective 1 April, the five associate banks -- State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala, State Bank of Travancore -- as well as Bharatiya Mahila Bank have been merged with SBI, creating a global banking behemoth.