Vijaya Bank | The Asian Age

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65 per cent of the combined entity's branches are concentrated in these states.

BoB, Vijaya Bank, Dena Bank merger may cause short-term spurt in bad assets

The merged bank may need additional tier 1 capital depending on internal accruals for FY19.

20 Sep 2018 6:05 PM

The government, unintentionally, seems to be killing public sector banks. (Representational image)

Merger of 3 banks: Danger lies ahead

The merger will create India’s third largest bank, with total business worth Rs 14.82 lakh crores.

20 Sep 2018 1:45 AM

Investors, sectoral experts and bankers are all now speculating the next wave in bank mergers.

Fingers crossed over next wave of bank mergers

Currently there are nine banks still placed under the prompt corrective action (PCA) framework of the RBI.

19 Sep 2018 11:26 AM

Post this merger, the number of PSU banks will come down to 19.

Dena Bank surges 20 pc; BoB tumbles 14 pc post merger announcement

Shares of Bank of Baroda dived 13.76 per cent to Rs 116.50 and Vijaya Bank lost 2.59 per cent to Rs 58.25.

18 Sep 2018 12:55 PM

The boards of the banks would meet separately to clear the merger.

Merger of BoB, Vijaya, Dena Bank to improve efficiency, governance: Moody's

The merged entity will have a market share of about 6.8 per cent by loans, according to data as of March 2018.

18 Sep 2018 10:58 AM

The combined bank capital post merger is 92 per cent CET1 (core equity capital) and it is not to save Dena Bank but to lend more, get more deposits.

Vijaya, Dena, Bank of Baroda in 3-way bank merger

Merged entity will be 3rd largest bank after SBI and PNB in terms of size, deposits and will continue to receive capital support from govt.

18 Sep 2018 10:29 AM

Finance minister Arun Jaitley speaks during a press conference in New Delhi. (Photo: PTI)

Dena Bank, Vijaya Bank and Bank of Baroda to be merged, says govt

The merged entity will have a combined business of Rs 14.82 lakh crores, with 10,000 branches and around 85,000 employees.

18 Sep 2018 1:04 AM

Shares of Reliance Naval & Engineering slumped nearly 14 per cent on Monday after state-owned Vijaya Bank classified the firm as non-performing asset. (Photo: PTI)

Reliance Naval shares slump nearly 14 pc, Vijaya Bank tags as NPA

The stock dived 13.43 per cent to end at Rs 14.50 on BSE.

14 May 2018 6:08 PM

Total income during the quarter grew to Rs 3,728.22 crore as against Rs 3,504.73 crore in the year- ago period.

Vijaya Bank Q4 profit up 1.6 per cent at Rs 207 crore

Stock of Vijaya Bank traded at Rs 61 on BSE, up 1.92 per cent from previous close.

07 May 2018 2:15 PM

Shares of Vijaya Bank were trading 0.87 per cent lower at Rs 68.45 on BSE. (Representational Image)

Vijaya Bank Q3 net tanks 65.45 per cent to Rs 79.56 crore

Bank's total income also declined 7.09 per cent to Rs 3,450.81 crore in quarter under review from Rs 3,714.37 crore.

24 Jan 2018 12:56 PM

Vijay Bank reports jump in net profit for fourth quarter

The Banks net profit to Rs 204 crore for the fourth quarter ended March 31, 2017.

09 May 2017 5:26 PM

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Sunanda K Datta Ray