Chief executives of Bank of Baroda, Vijaya Bank and Dena Bank will meet next week to discuss a plan to increase the number of organizational layers in the entity resulting from their merger.

Bank of Baroda, Vijaya Bank and Dena Bank to be merged to for country's third largest bank New Delhi: The Central government has announced three of India’s main public sector banks, Bank of ...

The move follows top lender State Bank of India last year merging with itself five of its subsidiary banks and taking over Bharatiya Mahila Bank, catapulting it to be among top 50 global lenders.

Among the three, Dena Bank is a laggard. It is under the PCA framework and has net non-performing asset (NPA) ratio of 11.04 per cent. High bad debts have eroded the capital base of the bank, ...

Also read: BoB-Vijaya-Dena Bank merger: Govt to infuse Rs 5,042 crore into Bank of Baroda . Published on: Apr 14, 2019 2:51 PM IST. Follow Us on Channel. Post a comment 0. TOP STORIES.

Kochi: “Public-sector lender Dena Bank aims to touch a business of Rs1,26,000 crore in the next three years, with plans to open 400 new branches,” a senior official has said. “The bank’s ...