bank mergers

HDFC Bank, HDFC Merger Creates India's 2nd Biggest Company! Even Beats TCS In Total Market Cap India’s largest bank, the HDFC Bank and HDFC shareholders will become 10% richer after the HDFC twin’s merger. HDFC Bank and HDFC Merger …

2,118 Branches Of 10 Govt Banks Closed Down Or Merged In Last 365 Days; Employee Union Condemns In the massive consolidation drive of August 2019, ten public sector banks were merged into four, bringing down the total count from 27 to…

All the changes in banking services you must know before April 1, 2021. In the massive consolidation drive of August 2019, ten public sector banks were merged into four, bringing down the total count from 27 to 12. While bank…

Account holders of 8 Public Sector Banks going in for a merger need to beware of potential complications. Account holders of 8 Public Sector Banks going in for a merger need to beware of potential complications. The concerned…

FM Nirmala Sitharaman responds to the two-day bank strikes and insists the importance of bank privatisation. Finance Minister Nirmala Sitharaman has responded to the two-day bank strike, held on March 15 and 16 by 9 bank unions, as a…

SBI, PNB, Bank of Baroda Won't Be Sold To Private Firms; These 6 Govt Banks Kept Out Of Privatisation Amidst the ongoing two-day nationwide bank strikes, conducted by bank unions and employees, opposing the finance ministry’s decision…

More PSU Banks Will Be Privatised: Bank of Maharashtra, Indian Overseas Bank, Punjab & Sind Bank On The List The Finance Minister Nirmala Sitharaman had last year decided to merge 10 public sector banks into four banks, thereby…

Mega-Merger Of PSU Banks Can Be Stopped Due To Coronavirus? Officers' Unions Request Govt With many Indian businesses and markets impacted due to the Covid-19 pandemic, the banking services as well are impacted as a lockdown has been…

26 PSU Banks, 3400 Bank Branches Closed, Merged In Last 5 Years; SBI #1 In Closing Branches Of Merged Banks The rate at which banks and branches are being merged has risen considerably in recent years. The recent news of 10 biggest…

Bank Employees Banned From Flash Strikes; 14 Days Notice Mandatory For Bank Employees If They Wish To Strike! Amidst the heat of Public Sector bank (PSB) consolidations going on, the government has gained confidence that…