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Shares of Allahabad Bank closed 1.96 per cent down at Rs 87.70 on BSE.

Boards of Allahabad, Andhra Bank schedule meeting for merger proposals

Following next year, Bank of Baroda had merged Vijaya Bank and Dena Bank with itself.

12 Sept 2019 9:14 AM IST

Late last month, the court ordered Singapore-headquartered Grab to pay the sum to Vietnam Sun Corp, better known as VinaSun, which had sought 41.2 billion dong in compensation.

Grab in talks to merge Indonesian payment firms to overtake Gojek:...

Grab and Gojek are the top-two startup brands in Southeast Asia, valued at USD 14 billion and USD10 billion.

11 Sept 2019 11:57 AM IST

The Nirav Modi fraud-hit Punjab National Bank (PNB) led the pack with the largest amount of NPAs worth Rs 86,620 crore during 2017-18.

Merger woes: Bank officers associations to meet in Delhi on Sept 5

All the general secretaries of all banks' officers associations will meet there and finalise the action program to...

3 Sept 2019 2:59 PM IST

Analysts hold a positive view on banks that are getting out of the corporate NPL cycle as compared to banks that focused more on the retail cycle in the past few years.

PSB stocks plunge up to 9.3 per cent post merger announcement

Shares of Corporation Bank tanked 9.28 per cent to Rs 17.10, Punjab National Bank plunged 8.54 per cent to Rs 59.40.

3 Sept 2019 1:11 PM IST

A priest held prayers in the defence ministers chamber before Nirmala Sitharaman assumed charge. (Photo: Twitter | ANI)

There will not be single job loss due to merger of banks: FM

I have very clearly underlined the fact that there shall not be one employee removed, said Finance Minister Nirmala...

1 Sept 2019 4:55 PM IST

As per the deal, the shareholders of SPNI will hold majority stake in the merged entity.

Zee Entertainment, Sony India announce merger; Punit Goenka to lead...

Sony Pictures Networks India said the merger would bring together two leading Indian media network businesses,...

22 Sept 2021 11:18 AM IST

The finance ministry has asked banks to be vigilant to ensure that wilful defaulters are prevented from buying same stressed assets again. (Photo: PTI)

Bank workers at it again: Second nation-wide strike within a week

The unions are claiming that the merger is not in the interest of banks or their customers and will in fact be...

26 Dec 2018 10:04 AM IST

After government issued advisory banks have started making special arrangement for elderly and physically challenged.

PSB officers on strike, protesting merger, seeking wage hike

Around 3.20 lakh officers from various state-run banks have called for a one-day strike.

21 Dec 2018 4:05 PM IST

IDFC Limited on Thursday registered a growth of over 65.2 per cent in consolidated net profit at Rs 299.40 crore for Q1.

IDFC Bank, Capital First rise over 4 pc on completion of merger deal

The boards of IDFC Bank and Capital First met to take note of all requisite approvals and the order from National...

19 Dec 2018 5:42 PM IST

The Board of Vijaya Bank has given its approval to a government proposal of consolidation with Bank of Baroda and Dena Bank as per reports from ANI.

Merger of BoB, Dena bank and Vijaya bank unwarranted: AIBEA

After merger of the six banks with SBI, the non-performing assets have further gone upto Rs 2.25 lakh crore.

15 Dec 2018 5:03 PM IST

Finance Minister Capt Abhimanyu said that this incentive is being given on the pattern of the central government to ease the pressure on banks. (Representational image)

Bank unions threaten nationwide strike on December 26

Bank unions called strike to protest the proposed merger of Bank of Baroda, Dena Bank and Vijaya Bank.

1 Dec 2018 3:20 PM IST

With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)

DoT approves merger of Bharti Airtel and Telenor India

The National Company Law Tribunal (NCLT) had approved the proposed merger on March 8.

14 May 2018 1:35 PM IST