BREAKING NEWS
6 people killed as wedding pandal catches fire in Bihar’s Darbhanga
Frustration driving CM Siddaramaiah to speak against PM: Union Minister Shobha Karandlaje
LS polls 2024: Nearly 13% voter turnout in first 2 hours of polling in Udupi-Chikmagalur Constituency
Don’t be swayed by diversionary tactics, come out and vote to protect democracy: Kharge to voters
Mangaluru: Minor scuffle outside polling station at Capitanio
My family faces threat from strangers who filmed inside my house: Neha Hiremath’s father
Rahul Gandhi to address two public meetings in Karnataka today
LS Elections 2024: Brisk voting in Udupi & Dakshina Kannada; EVM snag delays polling in some booths
IPL 2024: I’ll sleep better, says Faf du Plessis
IT sleuths threatening raided leaders to claim money belongs to me, Cong: DK Shivakumar
Parliament security breach: Court grants Delhi Police additional time to complete probe
Orange alert: Karnataka State Disaster Management cell issues animated advisory
PM Modi to begin 2-day whirlwind campaign in Karnataka from Apr 28
Lokayukta raids Ballari Urban Development Authority, uncovers corruption scandal
AAP Introduces Stirring Lok Sabha Campaign Anthem: ‘Jail Ke Jawab Mein Hum Vote Denge’
Cabinet clears merger of Dena Bank, Vijaya Bank with BoB
Team Udayavani, Jan 3, 2019, 4:03 AM IST
New Delhi: The government Wednesday approved the merger of Dena Bank and Vijaya Bank with Bank of Baroda (BoB) to make it a globally competitive lender.
With the merger, BoB will become the third largest bank after State Bank of India and ICICI Bank.
“There will be no impact on the service conditions of the employees and there will be no retrenchment following the merger,” Union Law Minister Ravi Shankar Prasad told reporters about decisions taken by the Union Cabinet.
The merger has been designed to make BoB as merged entity, a globally competitive lender, Prasad added.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Cal HC directs NIA to file report on clashes in Murshidabad over Ram Navami celebrations
Karnataka officials don vibrant sarees to promote voter participation
Omar, Mehbooba ask EC not to postpone polls in Anantnag-Rajouri LS seat
SC to consider plea of MP Bar Council leaders against contempt proceedings
7 intermediate students die by suicide after announcement of results in Telangana
MUST WATCH
Latest Additions
Bengaluru eateries butter up voter turnout with free dosa
Low voter turnout in Karnataka: Only 38.23% cast votes in 14 LS segments during first half of the day
Karnataka Polls: No Modi wave but anti-BJP wave, says CM Siddaramaiah
Cal HC directs NIA to file report on clashes in Murshidabad over Ram Navami celebrations
Bengaluru goes to poll amid heat wave-like situation