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PSB merger News
Budget 2019 expectations: From recapitalization to mergers, here is what IMC BFSI Committee Chairman Sridhar wants for banking sector
Thu, Jun 13, 2019
FM Nirmala Sitharaman will present the full Budget on July 5, 2019.
Mega PSB merger! Bank of Baroda shares tumble 14%; Vijaya Bank up 10%, Dena Bank soars 20%
Tue, Sep 18, 2018
Bank of Baroda, Vijaya Bank, Dena Bank merger would be the second big amalgamation exercise in the banking sector after the SBI associate banks with the SBI.
Govt's recapitalisation package will narrow PSBs credit, NPA weakness
Thu, Jan 04, 2018
Moody's expects the government will allocate the Rs 1.5 lakh crore in capital across the country's 21 public sector banks so that they will all have common equity tier 1 (CET1) ratios.
Jaitley-led panel will send PSBs merger proposal to cabinet every 3 months
Wed, Nov 01, 2017
Though it was only in May 2016 that effective action to consolidate state-owned banks struck headlines with six associate banks getting merged into State Bank of India in April 2017.
Government should go slow on public sector bank mergers: Raghuram Rajan
Wed, Sep 06, 2017
Mergers can happen between healthy banks and not amongst weak ones and the central government should be careful in this regard, said Reserve Bank of India`s former Governor Raghuram G Rajan said on Tuesday.