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Bank of Baroda Q2 profit jumps nearly 5-fold to Rs 737 crore on surge in other income BusinessToday.In New Delhi, November 9, 2019 Bank of Baroda Q2 results: The bank's net interest income (NII), or the core income a bank earns by giving loans, rose 10.09 per cent YoY to Rs 7,028 crore in Q2 FY20, while net interest margin (NIM), a measure of profitability, stood at 2.81 per cent, up 19 basis points (bps) on a sequential basis CBI searches 190 locations in bank fraud cases worth over Rs 7200 crore PTI November 5, 2019 Rs 7,000-cr bank fraud: CBI registers 35 cases, searches 169 places PTI November 5, 2019 Rs 7,000-cr bank fraud: CBI registers 35 cases, searches 169 places PTI November 5, 2019 CBI raids 187 locations over bank fraud cases worth Rs 7,200 crore BusinessToday.In New Delhi, November 5, 2019 The locations raided were across Andhra Pradesh, Chandigarh, Delhi, Gujarat, Haryana, Karnataka, Kerala, MP, Maharashtra, Punjab, Tamil Nadu, Telengana, UP, Uttarakhand, and Dadra & Nager Haveli. Over 3,400 branches of 26 public sector banks closed or merged in last 5 years PTI Indore, November 3, 2019 Of this, the maximum 2,568 branches of the SBI were affected due to merger or closure in the last five financial years Banking services partially impacted due to strike PTI October 22, 2019 Banks' exposure to IndiaBulls Group at Rs 27,580 crore Rashmi Pratap Mumbai, October 2, 2019 Out of all the lenders, Yes Bank is most vulnerable with exposure equivalent to a fifth of its net worth 34 functional teams to ensure smooth merger of PNB, UBI, OBC; to take effect on 1 April, 2020 PTI October 2, 2019 The merger is scheduled to come into force from April 1 next year. PMC Bank's actual exposure to HDIL at 73% of total loan book: Ex-MD Thomas in letter to RBI BusinessToday.In New Delhi, September 29, 2019 Thomas, in the letter to the RBI, admitted that the exposure to HDIL Group was over Rs 6,500 crore, which is nearly 73 per cent of its total loan book of Rs 8,880 crore as of September 19, 2019 RBI, govt rebut social media rumours about closure of 9 banks PTI September 25, 2019 Reserve Bank rebuts social media rumours on closure of 9 banks PTI September 25, 2019 Rebutting social media rumours swiftly, the Reserve Bank of India on Wednesday said no commercial banks are going to be shut. RBI rebuts social media rumours on closure of 9 banks PTI September 25, 2019 Bank unions defer 2-day strike; operations to be normal on Sept 26-27 BusinessToday.In New Delhi, September 24, 2019 Now, as the Finance Secretary has taken cognisance into the matter and has promised to provide positive and workable solution, the 48 hours strike had been deferred, a joint statement said. Bank unions defer 2-day strike; operations to be normal on Sep 26-27 PTI September 23, 2019 Govt considering another 'booster dose' to revive ailing economy: report PTI New Delhi, September 17, 2019 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 Bank strike: Four unions threaten nationwide strike against mergers from Sept 26 BusinessToday.In September 13, 2019 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 Bank unions threaten 2-day strike later this month PTI September 12, 2019 Bank unions threaten 2-day strike from September 26 PTI September 12, 2019 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 BT Buzz: Chequered past of bank mergers - where they fail, and succeed Anand Adhikari New Delhi, September 10, 2019 Over the last decade, the Rs 152 lakh crore banking industry witnessed four big mergers - two each in the public and private banking space.

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