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Bank of Baroda gets Govt.'s in-principle approval for amalgamation

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Bank of Baroda announced that Government of India, Ministry of Finance, Department of Financial Services on 20 December 2018 has advised that the Alternative Mechanism (AM) has accorded its in-principle approval to the proposed amalgamation of Bank of Baroda, Vijaya Bank and Dena Bank with Bank of Baroda as the transferee Bank and Vijaya Bank and Dena Bank as the transferor Banks.

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First Published: Dec 21 2018 | 9:17 AM IST

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