Mon, Jan 04, 2021
It's an important message for Bank of Baroda account holders as the BoB has launched WhatsApp banking services.
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Sun, Dec 20, 2020
It's an important update for those who have accounts in Bank of Baroda, Dena Bank and Vijaya Bank!
Mon, May 06, 2019
This segment of Zee Business brings to you an exclusive conversation with PS Jayakumar, MD and CEO, Bank of Baroda. Watch this video to know more.
Thu, Jan 03, 2019
The Sensex, on Wednesday closed at 35,891.72, jumping 363 points or 1 per cent down. While Nifty fell 117 points or 1.1 per cent to close at 10,792.50.
Fri, Dec 28, 2018
Bank strike: In a notification to exchanges, United Bank said a strike has been "called by All India Bank Employees' Association (AlBEA) & Bank Employees Federation of India (BEFI) on 8th January, 2019 and 9th January, 2019 on various issues connected to the banking industry."
Wed, Dec 26, 2018
Operations at public sector banks across the country were impacted today due to a strike called by unions against the proposed merger of Vijaya Bank and Dena Bank with Bank of Baroda (BoB).
Mon, Dec 24, 2018
Bank Strike on 26 December 2018: Services in most of the banks, including private lenders, will be hit on Thursday (December 26) due to a strike called by around one million employees of various banks.
Mon, Dec 17, 2018
Karnam Sekar, MD and CEO, Dena Bank during an interview with Swati Khandelwal, Zee Business, said, “we have adopted three processes to bring down the corporate NPA and they are NCLT, the sale of assets to ARC and settlement through OTS.
Sun, Dec 16, 2018
The All India Bank Employees Association (AIBEA) which has called for a nation-wide strike on December 26 opposing the merger of Bank of Baroda, Dena Bank and Vijaya Bank, Saturday said the move was unwarranted as it would not be beneficial to the economy and the people at large.
Sun, Dec 02, 2018
All unions under UFBU will participate in this strike call, said Ashwani Rana, vice president of the National Organization of Bank Workers.
Tue, Oct 30, 2018
Dena Bank today released its Q2FY19 result and revealed that its net loss has widened to Rs 416.70 crore compared to the net losses recorded in Q2FY18 when the amount stood at Rs 185.02 crore.
Wed, Oct 10, 2018
PSBs are trapped to quite an extent in fraud, rising stressed assets, higher provisions, sluggish net interest margin and weak earnings. BoB-Dena Bank-Vijaya Bank merger is way forward?
Tue, Oct 09, 2018
Bank of Baroda, Vijaya Bank Dena Bank merger: The Board of Directors of Bank of Baroda has approved its proposed amalgamation with Vijaya Bank and Dena Bank.
Sun, Oct 07, 2018
On a question that if some amalgamation proposal comes to the bank, he said, "it would depend upon different circumstances. Right now we are focussed on internal consolidation and we are not aspiring for any inorganic expansion".
Mon, Oct 01, 2018
Tackling human resources issues will be the largest challenge while merging Dena Bank and Vijaya Bank with Bank of Baroda (BoB). But the over 50,000 employees of the bank owe their allegiance to their managing director and chief executive officer P S Jayakumar for implementing employee-friendly HR policies.
Sat, Sep 29, 2018
The board of state-run Vijaya Bank Saturday gave in-principle approval for its merger with Bank of Baroda along with another PSU lender Dena Bank.
Mon, Sep 24, 2018
The Centre has now started the consolidation of regional rural banks (RRBs) along with the public sector lenders (PSBs).
Fri, Sep 21, 2018
It is a season of PSB mergers! However, from SBI to Punjab National Bank, public sector banks are reacting in horror at prospects of more mergers.
Thu, Sep 20, 2018
First concern is of employee integration. Analysts at brokerage IDFC pointed towards the employee integration and likely discovery of higher NPAs of Dena Bank after the merger while downgrading Bank of Baroda (BoB).
Wed, Sep 19, 2018
BOB shares crashed 16.03%, closing at Rs 113.45 while Vijaya Bank shares were also down 5.69% to close at Rs 56.40 on the BSE as investors could not make sense of the merger.
Tue, Sep 18, 2018
Ramesh Singh, Executive Director, Dena Bank, in an exclusive interview with Anil Singhvi, Managing Editor, Zee Business, said this merger is beneficial for the bank as well as its customers. The merger process is likely to be completed in the next 3- to-6 months.
Bank of Baroda, Vijaya Bank and Dena Bank boards are expected to meet in 10 days time to decide the course of merger.
It needs to be noted that, Bank of Baroda is seen as a strong bank, while Vijaya Bank slightly better and Dena Bank is the weakest entity in the group.
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