Page 4 - Bank Mergers

Govt scraps plans for PSB ETF launch this year as banks busy with mergers

No clarity yet on which banks' shares will make up ETF basket till the mergers

Why has India's mega public sector banks merger plan failed to lure funds?

A prolonged shadow-banking crisis and hurdles in bankruptcy rules have left India holding the world's worst bad-debt pile

Letter to BS: Stakeholders must work to bring banks under RBI's regulation

Time has come for putting PSBs under absolute and unequivocal regulation of the RBI without the government having a say in the matter

Mega merger of PSBs: What happens to their names, logo and identity?

Among other committees formed by banks to implement the merger is a committee on branding, which will look into the issue of logo and name of the bank, said the head of a PSB

Govt's ingenious ways to milk PSUs

Minority shareholders' interests are often ignored in the process

Economic slowdown cloud on Bengal's Durga Puja; sponsorship takes a hit

The state government's decision of not allowing VIP entry into the pandal has also affected the income of the larger committees

Merger of banks will not negatively impact our business: Infosys Finacle

Infosys Finacle provides banking solutions various banks across 100 countries and cater to more than 1.3 billion accounts

Customer to IT integration, banks to follow BoB's footsteps during merger

Banks to take cue from merger of BoB, Vijaya Bank, and Dena Bank

Bravo FM, but it's only half the job done

The government can have its cake and eat it too if it allows mega banks to run independently and turn others into vehicles for social banking

How strong state-owned banks drive growth

The PSBs are expected to focus on infrastructure financing, credit growth, financial inclusion, and digital transactions

The largest rewrite of the banking history and merger's cultural traps

Govt's focus on technological compatibility over cultural is set to make the largest rewrite of the banking history a complex job

Technical trends: Is it a good time to buy public sector banks?

Since the announcement on August 30 made post market hours, stocks of Punjab National Bank, Union Bank of India, Oriental Bank of Commerce, and others have seen a sharp slide at the bourses.

Banks form GM-level teams for merger ease, may hire advisory firms

Banks are also weighing the option of hiring experts for help in specialised areas

Canara Bank to PNB, Moody's affirms rating for five PSBs on merger decision

The affirmations reflect Moody's expectation that the acquiring banks will receive sufficient capital injections

PSB merger plan: OBC, Indian Bank, PNB dip up to 13%; United Bank gains 15%

On Friday, Finance Minister Nirmala Sitharaman unveiled a mega plan to merge 10 public sector banks into four as part of plans to create fewer and stronger global-sized lenders

Will establish IOB as bank focused on South India: MD and CEO Karnam Sekar

In a Q&A, the bank's chief also dwells the strategies to trim down the lender's non-performing assets

Latest bank mergers unlikely to revive growth, profitability: Credit Suisse

Last Friday, the government had unveiled a mega plan to merge as many as 10 public sector banks into four to help create stronger global-sized banks

Bank merger will slow down loan growth, rivals likely to benefit: Analysts

Futures contracts on India's Nifty 50 Index dropped 1% in Singapore on Monday

Banks meet on Sep 4 to discuss merger; SBI and BoB to share expertise

Lenders to be merged into a single entity to also hold separate meetings to chalk out roadmap; April 1 seen as pragmatic deadline for amalgamation

Latest PSB merger could create Rs 5,000 cr business in IT outsourcing

Including consultancy companies, around Rs 5,000 crore of business could be generated