Psb Merger

How long will the good run last?

In public, bankers exude confidence and say everything is hunky-dory, but the rising defaults in a few pockets don't exactly suggest this

Coronavirus, not developments at YES Bank, will determine market direction

The health scare would taper-off in India also in a matter of a few weeks/months, based on the quantum of spurt in the initial stages and also depending upon the possible role of temperature.

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

PNB chief expects a comeback in FY21 with 8-10% credit growth post merger

Merged entity likely to report 8-10% credit growth, better asset quality next fiscal; equity offering by December

Merger process major challenge for PSBs in near future: SBI Chairman

In August last year, Finance Minister Nirmala Sitharaman had announced merger of 10 banks

Loan 'melas' are back: PSBs to hold credit meets in 400 districts, says FM

Stressed MSME assets will not be labelled NPAs till March 31, 2020

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

Bank of Baroda to share its merger experience with 10 public sector banks

While the market is looking at near-term implications of the merger like the pace of lending activity, banks are more concerned with long-term issues

NextGen PSBs: Indian Bank-Allahabad Bank merger to boost scale of ops

There will be very little overlap in terms of branches or network, since the geography focus has been different, says Indian Bank's Padmaja Chunduru

Govt likely to adopt Bank of Baroda-like model of merger for PSBs

The central government has to consult the RBI before formulating a plan for PSB merger

BoB-Dena-Vijaya Bank merger: New logo, but names of 3 PSBs to remain intact

RBI nod in place, Jaitley-led group of ministers to give final approval soon

BoB-Dena-Vijaya Bank merger unwarranted, will lead to job cuts: AIBEA

Opposing the merger of these three banks, nearly one million bank employees and officers will take part in a nation-wide srike on Dec 26, says AIBEA

Jaitley-led panel formed to oversee PSB mergers; Goyal, Sitharaman included

The proposals cleared by the committee will be submitted to the Cabinet every quarter

Govt to set up alternative mechanism to fast track PSBs merger

Move to create large banks aims at meeting credit needs of growing Indian economy

PSB mergers will not be a cake walk; concerns over NPAs is key

PNB, Canara Bank, Union Bank and Indian Bank seen as candidates to lead the process