Nirmala Sitharaman On Bank Mergers
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Government "Closely Monitoring" Coronavirus Impact On Economy: Nirmala Sitharaman
The Finance Minister said that the process of merger of public sector banks was underway as per the schedule.
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Finance Minister To Review State-Run Banks' Merger Preparedness: Report
Finance Minister Nirmala Sitharaman will meet the heads of PSU banks on Thursday to discuss merger-related issues and review their preparedness to execute the process
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Allahabad Bank Board Approves Merger With Indian Bank
Finance Minister Nirmala Sitharaman had on August 30 announced the consolidation of 10 state-run banks into four large-scale lenders.
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Bank Officers' Unions Threaten To Go On Strike: 10 Things To Know
Four unions of public sector bank officers have threatened to go on a strike opposing the consolidation of 10 state-run lenders into four. The unions have jointly given a strike call for forty-eight hours - from the midnight of September 25, 2019 to the midnight of September 27, 2019, the All India Bank Officer's Confederation (AIBOC) said in a sta...
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PNB Shares Rise Over 3% After Moody's Upgrade
PNB share: On August 30, Finance Minister Nirmala Sitharaman announced that PNB will be merged with Oriental Bank of Commerce (OBC) United Bank.
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There Won't Be Single Job Loss Due To Banks' Merger: Nirmala Sitharaman
The government on Friday unveiled a mega plan to merge 10 public sector banks into four as part of plans to create fewer and stronger lenders.
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"Bank Mergers Create Value If Executed Well": Uday Kotak On Government's Mega Merger Plan
The Punjab National Bank, Oriental Bank of Commerce and United Bank will merge to form the country's second largest public sector bank with a business of Rs.17.95 lakh crore, Finance Minister Nirmala Sitharaman said on Friday.
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Blog: Mega Mergers of Banks And What They Won't Solve
On a once-busy highway, a clever dhaba-owner sat swatting flies, waiting for that rare trucker. Ever since they had built a bypass, his business had dropped sharply. He had some leftover aloo-gobhi in his fridge, there was some stale paneer masala and a pan of three-day-old dum aloo. Everything was in progressive stages of decay.
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12 State-Run Banks Instead Of 27 In Government's Mega Mergers: 10 Things To Know
State-run banks will be merged to form a dozen strong lenders, Finance Minister Nirmala Sitharaman announced on Friday. The Punjab National Bank, Oriental Bank of Commerce and United Bank will merge to form the country's second largest public sector bank with a business of Rs. 17.95 lakh crore, "1.5 times the size of Punjab National Bank". Three mo...
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Government "Closely Monitoring" Coronavirus Impact On Economy: Nirmala Sitharaman
The Finance Minister said that the process of merger of public sector banks was underway as per the schedule.
-
Finance Minister To Review State-Run Banks' Merger Preparedness: Report
Finance Minister Nirmala Sitharaman will meet the heads of PSU banks on Thursday to discuss merger-related issues and review their preparedness to execute the process
-
Allahabad Bank Board Approves Merger With Indian Bank
Finance Minister Nirmala Sitharaman had on August 30 announced the consolidation of 10 state-run banks into four large-scale lenders.
-
Bank Officers' Unions Threaten To Go On Strike: 10 Things To Know
Four unions of public sector bank officers have threatened to go on a strike opposing the consolidation of 10 state-run lenders into four. The unions have jointly given a strike call for forty-eight hours - from the midnight of September 25, 2019 to the midnight of September 27, 2019, the All India Bank Officer's Confederation (AIBOC) said in a sta...
-
PNB Shares Rise Over 3% After Moody's Upgrade
PNB share: On August 30, Finance Minister Nirmala Sitharaman announced that PNB will be merged with Oriental Bank of Commerce (OBC) United Bank.
-
There Won't Be Single Job Loss Due To Banks' Merger: Nirmala Sitharaman
The government on Friday unveiled a mega plan to merge 10 public sector banks into four as part of plans to create fewer and stronger lenders.
-
"Bank Mergers Create Value If Executed Well": Uday Kotak On Government's Mega Merger Plan
The Punjab National Bank, Oriental Bank of Commerce and United Bank will merge to form the country's second largest public sector bank with a business of Rs.17.95 lakh crore, Finance Minister Nirmala Sitharaman said on Friday.
-
Blog: Mega Mergers of Banks And What They Won't Solve
On a once-busy highway, a clever dhaba-owner sat swatting flies, waiting for that rare trucker. Ever since they had built a bypass, his business had dropped sharply. He had some leftover aloo-gobhi in his fridge, there was some stale paneer masala and a pan of three-day-old dum aloo. Everything was in progressive stages of decay.
-
12 State-Run Banks Instead Of 27 In Government's Mega Mergers: 10 Things To Know
State-run banks will be merged to form a dozen strong lenders, Finance Minister Nirmala Sitharaman announced on Friday. The Punjab National Bank, Oriental Bank of Commerce and United Bank will merge to form the country's second largest public sector bank with a business of Rs. 17.95 lakh crore, "1.5 times the size of Punjab National Bank". Three mo...
