SPONSORED BY

Auto Segment
Mutual Fund Segment
My Budget
Expert Speak
In Association With
 
Business Standard

IOB to merge UCO & Bank of India RRBs Bank IOB's RRB

After the amalgamation the Bank will float a new entity called Odhisa Grammia Bank

Related News

Indian Overseas Bank (IOB) to merge two of regional rural banks (RRBs) belonging to and Banks with IOB's Neelanchal Grammaia Bank.

After the amalgamation the Bank will float a new entity called Odhisa Grammia Bank.

Bank's Chairman and Managing Director M Narendra said that BOI's RRB Baitarani Grammia Bank and UCO Bank's Kalinga will be merged with IOB's Neelanchal Grammia Bank.

All the RRBs put together will have a books size of around Rs 10,000 crore with 480 branches across 15 districts in the state of Odhisa and it will be a single entity called Odhisha Grammia Bank, said Narendra

Read more on:   
|
|
|

Read More

HDFC Bank expands investment banking team

HDFC Bank, the second largest private sector lender in the country, today said it has made three senior level appointments in its investment banking ...

Recommended for you

Quick Links

More news from Finance Rss icon

Following dismal performance in 2013-14, Sanjiv Bhasin quits as DBS CEO

Former Rabobank India chief executive Surojit Shome will be replacing him

Inflation to over-perform RBI forecast, opens up space for further rate cut: Eco Survey

Dovish trajectory to make space for central bank to cut rates

Quantum of SLR cut hinges on fiscal discipline

Emphasis on reducing required statutory liquidity ratio

Back to Top