Merger Of Banks

India proposes merging regional rural banks to help them shore up capital

The planned mergers would result in one regional rural bank in each state, according to a banker

India Banks: Merger of HDFC Bank with HDFC is a serious makeover

Of the two big changes expected this year, one has just occurred and created a juggernaut bigger than Morgan Stanley

HDFC twins may merge a few months ahead of schedule: HDFC Bank CFO

HDFC Bank reported a 20.1 per cent year-on-year increase in net profit to Rs 10,605.8 crore in July-September

Merger of 10 banks into 4 to come into effect from Apr 1, says Sitharaman

Integration of balance sheets to be effective from April 1; bank boards to meet soon to finalise the share swap ratio

PMO seeks specific details from FinMin on benefits of merging 10 PSBs

One advantage of the merger cited by the banks to the government is that their capital base would go up

Irdai issues norms to protect group policyholders of merging PSBs

"The insurance companies shall make suitable arrangements with the acquiring banks to this effect," said the the Insurance Regulatory and Development Authority of India (Irdai)

30 committees monitoring the Canara-Syndicate Bank merger process

After the merger, the combined entity will also see a higher number of chief general managers

Allahabad Bank's merger with Indian Bank gets in-principle govt nod

Indian Bank is the acquiror while Allahabad Bank is the transferor

Irdai in talks with insurance firms hit by govt's mega PSB merger drive

The mergers have created a problem as many of these banks are promoters of insurance companies

Customer to IT integration, banks to follow BoB's footsteps during merger

Banks to take cue from merger of BoB, Vijaya Bank, and Dena Bank

Letter to BS: Public sector bank mergers cast shadow on wage talks

PSBs are part of the overall universe and cannot be insulated against the ongoing trend

How strong state-owned banks drive growth

The PSBs are expected to focus on infrastructure financing, credit growth, financial inclusion, and digital transactions

Amalgamation of 10 public sector banks likely to take place on April 1

The decision was taken in a meeting of 10 PSBs, who are part of the latest merger process, with finance ministry officials in Mumbai on Wednesday

Banks form GM-level teams for merger ease, may hire advisory firms

Banks are also weighing the option of hiring experts for help in specialised areas

Mega merger of public sector banks is a good move, but ill-timed: Analysts

Fear of credit growth, particularly for larger banks, spooked PSB stocks on Tuesday

Letters to BS: Govt has learnt no lessons from its havoc-inducing moves

It appears as if the government is rushing with such moves only to divert the attention of the public from the economic crisis

Letters to BS: Merger of banks, capital infusion in PSBs is questionable

Neither the timing nor the manner justifies it

Latest PSB merger could create Rs 5,000 cr business in IT outsourcing

Including consultancy companies, around Rs 5,000 crore of business could be generated

Big bank theory

The track record of this government has given us enough reason to be sceptical about another experiment with merging PSBs

Best of BS Opinion: Slowdown, bank mergers, RBI's generosity and more

Mergers of weak banks do not address tomorrow's challenges