Consolidation: Latest News and Updates, Top Stories, Videos, Photos About Consolidation

Network18 and TV18 Join Forces to Create Indias Largest News Media Powerhouse

Network18 Media & Investments Ltd and TV18 Broadcast Ltd announced a consolidation of their TV and digital news businesses, creating India's largest platform-agnostic news media powerhouse....

Merger of PSU banks Effective From 1 April: Things Customers Should Note

In order to make PSU banks in the country competitive on a global scale, the mega merger of ten public sector banks into four will be effective from April 1, 2020. Notably, finance minister Nirmala Sitharaman last year in August announced ...

6 Best Debt Consolidation Loans in India 2020

Managing multiple debts can be enormous. Take one loan to consolidate all others. A single debt consolidation loan makes it easy to make monthly payments. It allows you to pay off the principal amount rapidly as the interest rate applied is ...

Public Sector Banks To Adopt Uniform Hours Of Operation Across India

As part of the reform measures mooted by the government under Enhanced Access and Service Excellence Programme (EASE) 2.0, PSBs will adhere to standard hours of operation across the country. A panel including bankers has suggested that each of the regions ...

Government Mulls Merging BOB, Central Bank, OBC And IDBI Bank

As per a leading business daily report, the government is mulling on the plan to merge 4- state run lenders including Bank of Baroda, IDBI Bank Ltd, Oriental Bank of Commerce and Central Bank of India. The four entities proposed ...

Government Ask Public Sector Banks To Shut Down Branches Incurring Losses

The government is constantly attempting to strengthen public-run banking institutions in the long-run through its several measures. The latest being prompt corrective action or PCA being invoked against some 10 PSBs. Further to this, banks have been asked to rationalize ...

Banking Sector Consolidation: Dena And Vijaya Bank May Merge

To help the banking sector both in terms of efficiency and scale, the government's plan of consolidation in the sector is fast gearing, as two more banks namely Vijaya and Dena Bank are reported to consider merger and talks are underway ...

SBI Notifies Cheque books, IFSC codes Of Its 6 Subsidiary Banks As Invalid

After merger of SBI subsidiaries into the main SBI bank from the start of the financial year 2017-18, the cheques of the merging banks that include Bank of Patiala, State Bank of Bikaner and Jaipur, State Bank of Raipur, State ...

State-Run Banks Trade With Gains As In-Principal Approval For Merger Is Received

For the second day in trade, bank shares traded in green taking the BSE Bankex to a high of 27,297, a 1% increase. The move sets in after the banks receive ‘in-principle approval ‘ from the government for an alternative ...

Banking Sector Consolidation: To Bring Vijaya Bank and Dena Bank Under Larger Canara Bank

The banking sector in India is grappling with high NPA woes and insufficient capital and in line with it is constantly considering consolidation. First in this line was the largest state-run lender, SBI which merger all its subsidiary companies into ...

RBI open to merger of banks: Rajan

Raghuram Rajan on Tuesday said it is open to the merger of banks and wants them to decide where more value can be added. "The Reserve Bank will also be open to banking mergers, provided competition and stability are not ...

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