merger

It currently faces intense competition from the market leader Star & Disney India. Zee Entertainment Enterprises Limited (ZEEL) is merging with Sony Pictures Networks India (SPNI). Post merger, Sony will invest $1.57 billion…

Customers should obtain new IFSC codes since the existing ones will be active only till June 30, 2021. Syndicate Bank has informed its customers that from July 1, the IFSC codes of its branches will be disabled. The statement…

All the customers of Canara Bank have been informed that from 1 July 2021, IFSC codes of Syndicate Bank shall be disabled. All the customers of the Syndicate Bank have been told to update their Bank Branch’s IFSC code by 30 June. …

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…

Punjab National Bank Launches Virtual Credit Card: This Is How It Works Now state-run Punjab National Bank(PNB) has launched a PNB e-Credit Card. The card launched on 24th December 2020 is basically a digital imitation of a physical…

Merger Of PNB, OBC, UBI: No Employee Will Be Fired, Assures Bank's CEO MD & CEO of Punjab National Bank SS Mallikarjuna Rao has said that there will be no layoffs of employees due to the merger Oriental Bank of Commerce, United Bank…

Mega-Merger Of 10 PSU Banks Is Live, 6 Banks Cease To Exist; PNB, Indian Bank, Canara Postpone Some Aspects Due To #Coronavirus On Wednesday, the biggest-ever consolidation exercise in the public sector banking space is slated to take…

As per the reports, the Centre is quickly progressing on the merger of three state-owned general insurance firms which are National Insurance, United India and Oriental Insurance. The plan is to make it a large single non-life insurer…

Amidst the heat of Public Sector bank (PSB) consolidations going on, the new government is looking forward to another such consolidation. We have kept you updated of all such news on bank amalgamations and the future predictions…

The merger between RCom and Aircel has lapsed by mutual consent due to inordinate delays caused by courts, regulatory uncertainties & various interventions.