Search For "merger"
Modi government has taken landmark steps in past 100 days: Sitharaman
Updated : 6 years, 6 months ago IST
Chennai (Tamil Nadu) [India], Sep 10 (ANI): Finance Minister Nirmala Sitharaman said on Tuesday the government led by Prime Minister Narendra Modi has taken landmark steps in its second term for India to emerge as a five trillion dollar economy in the next five years amid a domestic and g
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From Apache purchase to bank mergers, Modi govt to present 100-day report
Updated : 6 years, 6 months ago IST
New Delhi [India], Sept 6 (ANI): As the Modi government 2.0 completes 100 days in office on Saturday, the BJP leadership would be connecting with the people to make them aware of the "historic" decisions made in the short period.
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AP Cabinet gives nod for merger of APSRTC with state govt
Updated : 6 years, 6 months ago IST
Amaravati (Andhra Pradesh) [India], Sept 5 (ANI): The Andhra Pradesh Cabinet on Wednesday announced a slew of decisions including the merger of Andhra Pradesh State Road Transport Corporation (APSRTC) with the state government, policy to curb sand mafia, financial assistance to those driv
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Moody's takes rating action on five Indian public sector banks following m
Updated : 6 years, 6 months ago IST
Singapore, Sept 4 (ANI): Moody's Investors Service on Wednesday took rating actions on Canara Bank, Oriental Bank of Commerce (OBC), Punjab National Bank (PNB), Syndicate Bank and Union Bank of India (Union Bank) that will undergo mergers as announced by the government.
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PSU Bank index falls 3.7 pc after merger plan, PNB and Canara Bank stocks
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 3 (ANI): Shares of public sector banks (PSBs) traded under pressure on Tuesday after the government last week unveiled a mega-plan to merge 10 of them for creating four stronger lenders with countrywide networks and global reach.
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FM allays concerns of job losses over merger of public sector banks
Updated : 6 years, 6 months ago IST
Chennai (Tamil Nadu) [India], Sept 1 (ANI): Union Finance Minister Nirmala Sitharaman on Sunday allayed the concerns of job losses in the wake of the merger of public banks.
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Protest in Bengaluru, Ahmedabad against bank merger
Updated : 6 years, 6 months ago IST
Bengaluru (Karnataka)/Ahmedabad (Gujarat) [India], Aug 31 (ANI): Union government's decision to merge 10 public sector banks to create four entities has irked many bank workers who were seen staging protests in different cities on Saturday.
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PNB's board to meet soon on merger with Oriental Bank, United Bank
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 31 (ANI): Punjab National Bank (PNB) will soon hold a board meeting to consider its amalgamation with Oriental Bank of Commerce and United Bank of India.
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CPI-M opposes merger of banks, says it is meant to facilitate privatisati
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 31 (ANI): The Communist Party of India-Marxist (CPI-M) on Saturday opposed government's decision to merge 10 public sector banks to create four entities and said it is meant to facilitate privatisation of nationalised banking sector.
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Finance Secretary dispels fears of job losses after merger of 10 PSU banks
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 31 (ANI): The merger of 10 public sector banks (PSBs) to form four big lenders will create more jobs and not lead to any retrenchment as being claimed by some trade unions, Finance Secretary Rajiv Kumar has said.
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Merger of PSBs will unlock new potential: Shah
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 30 (ANI): Union Home Minister Amit Shah on Friday lauded Prime Narendra Modi and Finance Minister Nirmala Sitharaman after the latter announced the merger of 10 Public Sector Banks (PSBs) into four strong lenders with countrywide networks and global reach to boost c
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Government unveils merger of 10 PSU banks to become four major entities
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 30 (ANI): Government on Friday announced merger of 10 public sector banks (PSBs) into four strong lenders with countrywide networks and global reach to boost credit and revive economic growth in the nation's bid to become a five trillion dollar economy in the next f
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