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Total 75 results found. Search for [ Indian bank Allahabad bank merger ]

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BusinessToday.In
May 24, 2021
IFSC or Indian Financial System Code is an alpha-numeric code that uniquely identifies a bank-branch for online fund transfer through NEFT, RTGS and IMPS.


BusinessToday.In
March 15, 2021
The account holders of these eight banks are also required to update their account details such as mobile number, address, name of the nominee, etc. The customer should get a new cheque book and passbook issued from the bank with which their former banks had merged


BusinessToday.In
March 15, 2021
Bank strike on March 15: The unions had called the strike after the conciliation meeting with the Union Finance Ministry on March 4, 9 and failed


PTI
February 16, 2021
These Acts led to the nationalisation of banks in two phases and provisions of these laws have to be changed for the privatisation of banks, they said


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


Anand Adhikari
September 30, 2020
Companies have time to approach banks for loan restructuring from September 15 till December 2020


BusinessToday.In
August 24, 2020
The amalgamation of Punjab National Bank, United Bank of India and Oriental Bank Of Commerce come into effect from April 1, 2020


BusinessToday.In
June 27, 2020
The ratings agency says while Axis' asset quality is superior to Indian banking sector average, its level of NPAs will likely remain high compared to international peers


PTI
June 27, 2020
S&P also put Indian Bank ratings on 'Credit Watch' because it expects a high risk that the public sector bank's credit profile could weaken over the coming quarters due to COVID-19 as well as the merger with the weaker Allahabad Bank


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 4, 2020
As a result of this amalgamation, the number of PSBs will get consolidated from 27 banks in 2017 to 12 banks in 2020


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


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