government Wednesday approved the merger of Dena Bank and Vijaya Bank with Bank of Baroda (BoB) to make it a globally competitive lender. With the merger, BoB will become the third largest bank after State Bank of India and ICICI Bank. 'There will be no impact on the service conditions of the employees and there will be no retrenchment following the merger,' Union Law Minister Ravi Shankar Prasad told reporters about decisions taken by the Union Cabinet..
government Wednesday approved the merger of Dena Bank and Vijaya Bank with Bank of Baroda (BoB) to make it a globally competitive lender. With the merger, BoB will become the third largest bank after State Bank of India and ICICI Bank. 'There will be no impact on the service conditions of the employees and there will be no retrenchment following the merger,' Union Law Minister Ravi Shankar Prasad told reporters about decisions taken by the Union Cabinet.
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Keshod| Bank of Baroda and Dena Bank organized a farmers convention and lending camp
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The Modi-led BJP govt. allowed Karnataka's Vijaya Bank to merge into the Gujarat-based Bank of Baroda.The BJP is consistently targeting the pride of Karnataka: Mallikarjun Kharge
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BJP govt. allowed Karnataka's Vijaya Bank to merge into the Gujarat-based Bank of Baroda- Kharge Ji
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Union telecom minister Ravi Shankar Prasad announced Cabinet’s decision that as part of the revival package, MTNL will be merged with BSNL. Pending this, MTNL will act as a subsidiary of BSNL. He also shared a four step revival plan for the two companies. Government wants to make the two state-owned telecom companies more competitive by putting in Rs 29,937 crore, he further added. Watch!
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