【d.c. v.i.p.】Cabinet approves merger of three state-owned banks
NEW DELHI (Reuters) - India's cabinet has approved the merger of state-run Vijaya Bank and Dena Bank with Bank of Baroda,d.c. v.i.p. the government said on Wednesday, in a step aimed at cleaning up the country's banking system. India had announced the merger plan last year amid growing concerns over rising bad loans in the banking sector. Banking sector reforms are a major plank of Prime Minister Narendra Modi's government's plans to revive lending which has slowed as banks struggle with bad debt. The merged bank will become India's second largest public sector bank and will "help create a strong globally competitive bank", the government said in a statement. The merger will come into force on April 1, the government said. (Reporting by Manoj Kumar; Editing by Martin Howell) View comments
相关推荐
-
BRIEF-My Heart Bodibra Group Ltd Sees Increase In Loss For Nine Months
-
Divorce Client's Legal Mal Claims Against Manhattan Law Firm Fail
-
Connecticut's Fiscal Problems Require a Full-Court Press
-
Calculating The Fair Value Of Wayland Group (CNSX:WAYL)
-
InvestmentPitch Media Video Discusses Recent eResearch Buy Recommendation on Peak Positioning Technologies, Parent Company of a Group of FinTech Subsidiaries operating in China - Video Available on Investmentpitch.com
-
Are These Bulls Right About Philip Morris International?
- 最近发表
-
- The Global Enterprise Very Small Aperture Terminal (VSAT) Market is expected to grow by $ 1.82 bn during 2020-2024 progressing at a CAGR of 7% during the forecast period
- What Kind Of Investor Owns Most Of Krakatoa Resources Limited (ASX:KTA)?
- BRIEF-Shanxi Changcheng Microlight Equipment Received A RMB20 Mln Subsidy From ITU Fund
- Do You Like Guardian Capital Group Limited (TSE:GCG.A) At This P/E Ratio?
- From wagyu beef to melons, Japan's $2.2 trillion virus rescue piques struggling firms
- New Study Confirms High Inter-Observer Agreement Using the WATS3D Biopsy for Evaluation of Esophageal Pre-Cancer
- Carlyle Group Concludes Majority Stake Buyout in Sedgwick
- SHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against DXC Technology Company (DXC) and Lead Plaintiff Deadline: February 26, 2019
- Natural Gas Price Fundamental Weekly Forecast – Heating Season Begins with Hedge Funds Holding Long Positions
- What Investors Should Know About Cpl Resources plc’s (ISE:DQ5) Financial Strength
- 随机阅读
-
- Outlook into the Worldwide Plasma Protein Therapeutics to 2025 - Featuring CSL Behring, Biotest AG & Baxter Among Others
- Top 5 Worst Bitcoin Price Predictions of 2018
- Gold’s Safe-Haven Allure Reborn
- Ex-Kirkland & Ellis Lawyers, Now at White House, Receive Waivers to Work With Former Colleagues
- Iran watchdog passes law on hardening nuclear stance, halting UN inspections
- FCPA Lawyer Predicts GCs, CCOs Have Targets on Their Backs in 2019
- GLOBAL MARKETS-Stocks pare losses but economic concerns linger
- Why CF Industries Holdings, Inc. (NYSE:CF) Is A Dividend Rockstar
- Taylor Monahan on Crypto’s Divergent Possibilities in 2020
- DNA updates its financial goals; EBITDA margin 34%
- How Karoon Energy Ltd (ASX:KAR) Can Impact Your Portfolio Volatility
- Is WMFAX a Strong Bond Fund Right Now?
- Eversource (ES) Q3 Earnings Lag, Revenues Beat Estimates
- US STOCKS-Wall St ekes out gains in rocky start to 2019
- For Auld Lang Syne
- Marriott revenue, FY forecast miss estimates on weak demand
- Pan Global Resources Intersects Near Surface Copper Sulphides in New Drill Holes at the Escacena Project, Spain
- BRIEF-Xinjiang Torch Gas Says Shareholders Plan To Unload A Combined 26.3 Percent Stake
- BRIEF-Bermaz Auto Bhd Says Lee Kok Chuan Redesignated To CEO From Executive Director
- Is GP Strategies Corporation’s (NYSE:GPX) Balance Sheet Strong Enough To Weather A Storm?
- 搜索
-
- 友情链接
-
- Jury Hits Atlanta With $1M Verdict Over Unrepaired Sewer Line
- Thousands march in Hong Kong against China repression after grim 2018
- Prince Harry and Meghan Markle's Engagement Might Have Been Predicted in Love, Actually
- Alleged Saudi ballistic missile base signals greater divergence from Washington, experts say
- How Much Are Surmodics, Inc. (NASDAQ:SRDX) Insiders Taking Off The Table?
- As Trump and Congressional Leaders Meet, Here's What the Shutdown Means for You
- France urges Italy to make quick decision on Alpine rail tunnel
- 5 Top Stock Trades for Thursday: BAC, JPM, BOX
- Jonas Brothers Drop Fabulous 'Sucker' Music Video Featuring Priyanka Chopra, Sophie Turner & Danielle Jonas
- BRIEF-Benalec Holdings Bhd Names Chin Wei Ee As CFO