Banks Merger

India proposes merging regional rural banks to help them shore up capital

The planned mergers would result in one regional rural bank in each state, according to a banker

Why Sebi is facing criticism over ICICI Securities, ICICI Bank merger

Facing an unprecedented attack on its credibility, the last thing that the SEBI would want is to give the impression that while all M&A is equal, some transactions are more equal than others

UBS Q2 results: Net profit at $1.1 billion after merger with Credit Suisse

Investors warmed to the takeover, by this summer pushing up the value of UBS's shares by more than two-thirds since it bought Credit Suisse in March 2023

HDFC Bank sees profits more than doubling to $15 bn in 5 years after merger

CEO Jagdishan tells analysts merger with HDFC gives the lender the opportunity to double balance sheet every five years

Merger of banks created chaos and job loss, says Sitaram Yechury

The aim of bank nationalisation was to include the poor in the banking system so that they could avail of their advantages, but the amalgamation has negated that purpose, he claimed

LVB a strategic asset, must not be handed over 'free of cost': Promoter

K R Pradeep, one of the 25 promoters of LVB, said that RBI should revisit the troubled lender's valuation

Best of BS Opinion: Banks merger, coronavirus outbreak, and more

Business Standard Opinion pieces for the day talk about bank merger and coronavirus among other issues.

PMO seeks specific details from FinMin on benefits of merging 10 PSBs

One advantage of the merger cited by the banks to the government is that their capital base would go up

No reason to go back on govt's mega-merger plan for state-owned banks: FM

On August 30 last year, Sitharaman had announced the biggest merger exercise of PSBs

Further consolidation or merger of banks will depend on need: Anurag Thakur

'We have successfully done the mergers and recapitalisation of the banks', said Thakur

PSBs on merger track may get recapitalisation allocation in Budget 2020

The upcoming Union Budget may provide for another round of recapitalisation

30 committees monitoring the Canara-Syndicate Bank merger process

After the merger, the combined entity will also see a higher number of chief general managers

Allahabad Bank's merger with Indian Bank gets in-principle govt nod

Indian Bank is the acquiror while Allahabad Bank is the transferor

A bank's race against crisis has served a warning to Indian banking

At more than $200 billion, India's world-beating pile of bad loans is bigger than Italy's

There aren't any immediate triggers to reverse mkt trend: Prakash Kacholia

We see the merger of public sector banks as a step in the right direction, says Prakash Kacholia

100 days of Modi 2.0: Glut of bad news on economy belies reform hopes

Days after the new Modi government was sworn-in, the benchmark indices climbed to all-time highs

Holding in insurance firms: What to pick? PSBs in a dilemma after merger

After mergers, banks will have to decide whether to reduce their stakes in insurance companies or exit them

Market salary for a few in a public sector bank could be a chimera

The possibility is that high calibre chief risk officers in the PSBs already earn Rs 1 crore to Rs 2 crore, whereas even SBI chairman could be earning less than Rs 30 lakh

Overall market sentiment remains fragile, says Nischal Maheshwari

The announcement of consolidation of PSBs is certainly a step in the right direction, says Maheshwari

Delivering on growth a must for NextGen PSBs to attract investors

Analysts cite examples of SBI and BoB to indicate how the mergers could be value-depletive for investors in the near term