Banking Sector Consolidation News

Market

Are forced bank mergers an emerging risk for investors?

Even as the government is forcing able PSU banks like Bank of Baroda to rescue weaklings like Dena Bank, private sector lenders are looking for marriages that would help them meet regulatory norms

3 min read14 Jan 2019
Market

Bank merger: Dena, Vijaya shares skid on BoB share swap ratio

Dena Bank, Vijaya Bank and Bank of Baroda (BoB) have lost nearly $1 billion in market valuation since their bank merger was announced in September

3 min read4 Jan 2019
Market

Merger of Dena Bank, Vijaya Bank, BoB an all-round losing game

The share swap ratio set for the merger of Dena Bank, Vijaya Bank and Bank of Baroda (BoB) confirm that the rescue mission for the weakest bank will leave everyone a loser

2 min read3 Jan 2019
Industry

Cabinet clears merger of Dena Bank, Vijaya Bank with BoB

Following the merger of Vijaya Bank and Dena Bank with itself, Bank of Baroda will become the third largest bank in India after SBI and ICICI Bank

1 min read3 Jan 2019
Industry

BoB’s share swap ratio for merger to hurt Dena, Vijaya banks

The share swap ratio set by Bank of Baroda (BoB) will hurt Dena Bank investors the most as they stand to lose 4.80 per share, followed by Vijaya Bank shareholders who will lose 3 per share

3 min read3 Jan 2019
Market

A weak FY19 wrap-up to give way to stronger FY20 for banks

The combination of interest rate hikes and cash recoveries from legacy bad loans will boost banks' interest income and, in turn, margins

2 min read24 Dec 2018
Industry

India asks RBI to identify government banks for merger

Finance ministry officials have also asked RBI to suggest a time frame for the government banks consolidation

1 min read29 Aug 2018

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