Govt proposes merger of Bank of Baroda, Dena and Vijaya Bank4 min read . Updated: 17 Sep 2018, 11:39 PM IST
The merger of Bank of Baroda, Dena Bank and Vijaya Bank set to create India's third-largest bank with a total business of more than 14.82 trillion
New Delhi/Mumbai The government’s decision on Monday to merge three banks it owns—Bank of Baroda, Dena Bank and Vijaya Bank—is expected to reduce the amount of capital it needs to pump into these lenders and help clean their balance sheets.
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