The government announced a slew of measures in three dosages which include a special window for real estate, export incentives, bank consolidation and sops for micro, small and medium enterprises (MSMEs) and the automobile sector

Public sector banks across the nation will go on strike from midnight of September 25 to midnight of September 27 to protest merger and amalgamation in the banking sector by the Union government

In a notice serviced to the Indian Banks' Association, the officers' unions said that they propose to go on strike to protest against mergers and amalgamations in the banking sector

IBPS clerical exam: Candidates interested in joining banking services can apply for these posts on the IBPS' official website -- ibps.in -- from September 17

The floor price for the stake sale has been fixed at Rs 770 per equity share, a 3.73 per cent discount over Wednesday's closing price of SBI Life Insurance

SBI will recruit for roles including developer, database administrator, cloud administrator, infrastructure engineer, IT security expert, cyber security - threat hunting and cyber security - and digital forensic

Over the last decade, the Rs 152 lakh crore banking industry witnessed four big mergers - two each in the public and private banking space.

Lenders to Dewan Housing Finance Ltd are now planning to infuse fresh funds to the tune of Rs 7,000 crore into the company to ensure that it's SMA-2 loans, where interest payment is delayed for 60-89 days, do not slip into NPA category

As many as 1,197 cases of cheating involving Rs 12,012.77 crore were detected in SBI in the first quarter, says the RBI reply

The total market cap of 18 PSBs (excluding the country's largest lender) is pegged at nearly Rs 2.3 lakh crore while the government has infused Rs 2.5 lakh crore in these banks over the past five fiscals

Indian Bank has announced reduction in its marginal cost of funds based lending rates (MCLRs) by 15 basis points across all tenors. The revised rates will be effective from September 3, 2019

The merger move is recognition of the fact that bigger banks have greater ability to absorb shock, reap economies of scale and raise resources without depending on the exchequer, says SBI Chief Rajnish Kumar

Sitharaman on Friday unveiled a mega plan to merge 10 public sector banks into four as part of plans to create fewer and stronger global-sized lenders

The interest rates that fall under SBI's repo-linked home loan product will come down to 8.05% from Sunday (September 1), from 8.4% earlier.

The PSB universe will now have half a dozen large banks with Rs 10 lakh crore-plus balance sheets, two national banks and four regional banks. But how do the mergers help?

Rajeev Kumar, Finance Secretary-cum-Secretary, Department of Financial Services says there is no chances of retrenchment and that the merger of the bank employees will in fact benefit the employees