Mon, Jul 01, 2024
PSU Bank Merger: According to sources, the central government's plan for the second round of the merger of PSU banks is ready. There are options under consideration for the merger of four small government banks.
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Sun, Sep 22, 2019
Punjab National Bank (PNB), which is the anchor bank for a scheduled merger with the United Bank of India (UBI) and the Oriental Bank of Commerce (OBC), has said that it does not see any erosion in asset quality after the merger.
About four lakh bank employees will go on tow-day strike across the country on September 26 and 27 to protest against the government's decision of public sector banks' merger.
Fri, Sep 13, 2019
Protesting against the recent government decision to merge 10 public sector banks, a two-day national strike call has been given by the bank unions on September 26 and September 27.
Mon, Aug 28, 2017
Moody's believes that PSU bank merger will be credit positive but banks still need a lot of money for recapitalisation.
Tue, Oct 11, 2016
India may merge two large state banks in the coming fiscal year once a cleanup of bad assets has run its course, the official overseeing a turnaround of the sector told Reuters, days before a new process to resolve stressed assets goes live.
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