Alert! THESE banks’ IFSC codes remain invalid: Here’s how to make a new one
Syndicate Bank, Allahabad Bank, Dena Bank, United Bank of India, Vijaya Bank, the Oriental Bank of Commerce, Andhra Bank and Corporation Bank are those public sector banks whose mergers have already been announced.
Jul 10, 2021, 21:25 PM IST
Employees should be kept on board during bank mergers: SBI
In the backdrop of the government approving constitution of an alternate mechanism to oversee proposals of bank mergers, State Bank of India Managing Director Dinesh Khara on Thursday said the employees must be kept on board to alleviate their concerns during the process of consolidation.
Aug 24, 2017, 19:27 PM IST
Merger of weak PSU banks can be a possibility: UBI CEO
Merger of weak public sector banks cannot be ruled out in a run up to meet Basel III norms, a top bank official said today.
Feb 03, 2017, 19:31 PM IST
Govt's solution for bad loans: Merge state-owned banks to 6 from 27
Vinod Rai, a 68-year-old former auditor general of India, said consolidation has already begun with State Bank of India`s move to absorb five subsidiaries and Bharatiya Mahila Bank, a bank for women set up in 2013.
May 24, 2016, 18:01 PM IST
Any merger initiative has to come from board of banks: Jayant Sinha
The government Tuesday set the record straight on merger of public sector banks, saying any initiative has to come from the board of the banks concerned, and its role is that of a facilitator.
May 10, 2016, 17:36 PM IST
