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Total 28 results found. Search for [ psb merger plan ]

Results 1 to 21 of 28
PTI
New Delhi, November 21, 2019
In August, the government announced its plan to merge 10 public sector lenders into four to create fewer and stronger global-sized banks


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


Nevin John
New Delhi, October 1, 2019
Three years down the line, resolution professionals have been able to dissolve just 11 companies until June under the Insolvency and Bankruptcy Code


PTI
September 23, 2019



Joe C Mathew
New Delhi, September 11, 2019
When compared to several industrial sectors that are lobbying with the government for sops to fight economic slowdown, Indian sugar industry is going through a sweet phase. Is it the end of the industry's and sugarcane farmers' trouble? Unlikely


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.


BusinessToday.In
September 5, 2019
The heads of the 10 PSBs on the merger list met in Mumbai on Wednesday to discuss initial plans. The concerned banks have already formed teams at the level of general managers to ease the process of integrating products and processes


BusinessToday.In
September 3, 2019
The equity market crashed on Tuesday with Sensex and Nifty declining over 2% each on heavy selling in PSU banks and auto indices.


Rukmini Rao
September 3, 2019
Global investors' interest in auto-tech start-up comes at a time when the Indian auto sector is battling its highest de-growth in monthly sales over the past 19 years


E Kumar Sharma
New Delhi, September 2, 2019
What stands out about the announcement is that the new medical colleges will be set up in underserved areas having no medical colleges with at least 200 bedded district hospitals.


Anand Adhikari
Mumbai, August 31, 2019
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?


BusinessToday.In
New Delhi, August 30, 2019
Finance Minister Nirmala Sitharaman on Friday announced the merger of 10 public sector banks into four entities to make them stronger and sustainable as well as increase their lending ability


BusinessToday.In
New Delhi, August 30, 2019
Finance Minister Nirmala Sitharaman said that the merger of Union Bank of India, Andhra Bank and Corporation Bank would make it the fifth largest bank of the country with business of Rs 14.59 lakh crore, which is nearly two times of Union Bank of India


BusinessToday.In
New Delhi, August 30, 2019
Based on the Finance Minister's statements earlier this week, speculations are that two major announcements could be made in order to give the industry a leg-up


BusinessToday.In
New Delhi, August 30, 2019
Finance ministry Nirmala Sitharaman has called a meeting with chief executives of ten public sector banks, on Friday


Anand Adhikari
Mumbai, May 31, 2019
Government's plans to expedite banking consolidation might throw up many challenges which are likely to extend the balance sheet clean up for a couple of years


Anand Adhikari
May 23, 2019
The government had earlier talked about creating a few large banks of international size


BusinessToday.In
New Delhi, April 30, 2019
The buzz is that some merger activity is on the cards around second or third quarter of the current fiscal year but it need not be a tripartite agreement like the Bank of Baroda (BoB), Vijaya Bank and Dena Bank merger, which came into effect on April 1


BusinessToday.In
New Delhi, February 21, 2019
The Bank of Baroda board will allot equity shares to Vijaya Bank and Dena Bank on March 11.


PTI
December 20, 2018



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