What the 3-way bank merger means for shareholders2 min read . Updated: 19 Sep 2018, 12:58 PM IST
The merger of Bank of Baroda, Dena Bank and Vijaya Bank is expected to reduce the capital the government needs to pump into these lenders and help clean up their balance sheets
The government’s decision to merge three of its banks—Bank of Baroda, Dena Bank and Vijaya Bank—is expected to reduce the capital it needs to pump into these lenders and help clean up their balance sheets. Mint analyses what this means for the banks and their shareholders.
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