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Integration of Vijaya Bank and Dena Bank into Bank of Baroda...

The process of merging Vijaya Bank and Dena Bank with Bank of Baroda is likely to be completed within 2 years. The merger of Vijaya...

Bank of Baroda becomes the third largest lender after merger with...

Bank of Baroda has become the third-largest lender in the country after the completion of its amalgamation with Dena Bank and Vijaya Bank. This...

Reserve Bank of India penalises IDBI Bank, Union Bank, Dena Bank,...

Following the loan fraud involving Punjab National Bank and several other banks on varying degrees, that has resulted in severe net losses and the...

Merger of Dena Bank and Vijaya Bank with Bank of Baroda...

Bank of Baroda recently announced that its merger with Vijaya Bank and Dena Bank will be effective from 1 April 2019, in accordance with the...

Bank employees to go on a nationwide strike on 26 December

In what could prove to be a setback this holiday season, bank employees have decided to go on a nationwide strike on 26 December....

Dena Bank expects the valuation report for the merger in the...

Dena Bank has begun an independent valuation regarding its proposed merger with two other state-based banks, the report of which is expected to be...

Vijaya Bank, BoB, and Dena Bank to set up internal committees...

State-owned lenders Vijaya Bank, Bank of Baroda, and Dena Bank have reportedly decided to set up internal committees to integrate their functions ahead of...

Board of Dena Bank Approves Merger Proposal with Vijaya Bank and...

The board members of Dena Bank have recently approved the bank’s merger with Bank of Baroda and Vijaya Bank. The merger of the three...

Government of India Appoints CEOs and MDs in 10 Nationalised Banks

On September 19, the Government of India appointed the heads of 10 nationalised banks. These banks have had vacant posts for months, which in...

As part of recapitalization, Government injects Rs.23.5 billion in the Central...

With banks across the country being plagued with bad loans, non-performing assets, and net losses, as part of recapitalization, the Government of India has...