Business Standard

Merger of banks: Synergy benefit relevant in Gujarat, says Dena Bank ED

Employees' interest will not be harmed: Ramesh Singh, Executive Director, Dena Bank

Ramesh Singh, Executive Director, Dena Bank
Premium

Ramesh Singh, Executive Director, Dena Bank

Abhijit Lele
Ramesh Singh, Executive Director, Dena Bank, tells Abhijit Lele that the merger is a pragmatic proposition and the integration process is expected to be hassle-free. Edited excerpts:

What does merger move means for customers and the employees?

It is a pragmatic proposition by the Government of India. Employees’ interest will not be harmed. There will be systematic communication to help understand entire process. Business Synergies will be maintained. This is more relevant in Gujarat where Dena and BoB have strong presence.

Would technology, a key aspect in merger, pose any challenge?

We are on same technology platform Finacle, which will

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in