Big bank mergers positive, but anchor lender stocks to take a knock: Analysts
The banking consolidation will result in the merger of 10 banks into 4 banking behemoths.
How FM altered your banking universe in one stroke
The govt merged PNB, OBC and United Bank to create India’s second largest lender.
Bank recap: PNB to get Rs 16,000 crore, Union Bank Rs 11,700 crore
Among other banks, Bank of Baroda will receive Rs 7,000 crore in recapital...
Key highlights from FM's big-bang announcements
Govt taking steps to make the path clear to make India a $5 trillion economy, says FM.
PNB to be 2nd largest PSB post merger, Canara fourth, UBI fifth, Allahabad 7th
After the merger, the number of India’s public sector banks drops to 12 from 27 earlier.
Market Movers: What changed for D-Street while you were sleeping
Here is breaking down the pre-market actions.
Merger woes: Bank officers associations to meet in Delhi on September 5
Finance Minister Nirmala Sitharaman last week announced the merger of 10 Public Sector Banks into 4.
PNB board to consider Rs 18,000-crore capital infusion this week
The mega merger plan of public sector banks (PSBs) is being seen as the biggest consolidated exercise in the banking space, aimed at making them lenders of global size and scale.
Selloff swells BSE penny club by 71%; those who know the game will make money
Market watchers say the weakness in midcap and smallcap stocks is far from over.
Once city of banks, Kolkata may have one PSU bank headquarter
Now Kolkata could soon be left with just one HQ of a state-run lender — UCO Bank.
Merger can't tackle issues of low capital, higher NPAs: Analysts
Nirmala Sitharaman today announced four new set of mergers of state-run banks.
Brexit minister signs order to end all EU laws in Britain
Brexit Secretary Stephen Barclay has signed an order that will end all European Union (EU) laws applying in Britain from October 31, the British government said on Sunday.
Bharti Airtel gains on robust response to QIP, FCCB
Airtel is looking to raise the money through a private placement of equity shares.
Bharti Airtel receives subscriptions up to $10 billion
The QIP is likely to be priced at Rs 445 a share against the base price of Rs 435 per unit.
NCLAT sets aside order directing return of land to Jaypee Infratech
All the banks and JAL had approached the NCLAT against the NCLT order.A stay was granted to all petitioners.
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