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Total 59 results found. Search for [ Indian Bank merged with Allahabad bank ]

Results 1 to 21 of 59
PTI
November 22, 2020
On the back of resolution and pick up in advances, the bank aims to bring down the gross NPAs below 10 per cent mark by March


PTI
October 1, 2020
A bank mentioned in the Second Schedule of the Reserve Bank of India Act is known as 'Scheduled Commercial Bank'


PTI
September 27, 2020
Fund infusion would be for meeting regulatory capital requirements if need arises in October-December quarter. Second quarter result will give an idea as to which bank may require regulatory capital and accordingly recapitalisation bonds would be issued to them


BusinessToday.In
August 14, 2020
Indian Bank's provisions and contingencies rose sharply by 169 per cent to Rs 2,139.12 crore in Q1 FY21, as against Rs 794.82 crore in Q1 FY20


Chitranjan Kumar
New Delhi, June 23, 2020
For Q4 FY20, Indian Bank reported a net loss of Rs 217.7 crore as against loss of Rs 190 crore in the year-ago period, dented by higher provisions


PTI
New Delhi, June 14, 2020
COVID-19 pandemic has not only halted process of recovery of PSBs but it is going to have an adverse impact on financial health of private sector banks too


BusinessToday.In
April 1, 2020
Bank merger: The amalgamation of Syndicate Bank into Canara Bank will create the fourth-largest public sector bank with Rs 15.20 lakh crore business and a network of 10,324 branches


PTI
New Delhi, March 29, 2020
The government on March 4 had notified the amalgamation schemes for 10 state owned banks into four as part of its consolidation plan to create bigger size stronger banks in the public sector


PTI
March 28, 2020
The officials said though the branches are not operating at full strength due to the lockdown, all internal guidelines have been dissemeinated to the staff regarding standardisation of products, process and procedures


PTI
March 17, 2020
\"The only difference is that instead of having physical meetings with the field staff we are now having video conferences as the process has entered its last leg,\" a senior official of Allahabad Bank said


PTI
March 11, 2020
Mega consolidation would help create banks with scale comparable to global banks and capable of competing effectively in India and globally


BusinessToday.In
March 3, 2020
The merged entity will emerge as the seventh-largest public sector bank with a business of Rs 8.08 lakh crore (approx 1.9 times of pre-merged Indian Bank) and will have about 43,000 employees


BusinessToday.In
New Delhi, February 10, 2020
Centre on August 30 last year announced four major mergers of public sector banks, bringing down their total number to 12 from 27 in 2017. The move was aimed at making state-owned lenders global sized banks


PTI
New Delhi, February 9, 2020
Creation of global sized banks through consolidation will facilitate Modi government's resolve to make India a USD 5 trillion economy by 2024-25, says Minister of State for Finance Anurag Singh Thakur


BusinessToday.In
New Delhi, February 6, 2020
\"One of the challenges before public sector banks in the near future is the merger of the bank...IT merger needs to be handled very carefully,\" says Kumar


PTI
January 5, 2020
Budget 2020: Banks have robust pipeline of recovery from the resolution of both NCLT and non-NCLT cases during this calender year and also headroom for raising capital from the market


PTI
October 2, 2019
The merger is scheduled to come into force from April 1 next year.


BusinessToday.In
New Delhi, September 30, 2019
The searches for these profiles began before Finance Minister Nirmala Sitharaman announced the amalgamation of 10 state-run banks, bringing the number of public banks to 12.


PTI
September 25, 2019



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.


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