State-owned Bank of Baroda's proposed merger with Dena and Vijaya Bank will be affected from April 1. The government's amalgamation plan for these state-owned banks has already got all the ...

The merger will create India's third largest bank with a total biz of over Rs 14.82 lakh crore.

India’s cabinet has approved the merger of state-run Vijaya Bank and Dena Bank with Bank of Baroda, the government said on Wednesday, in a step aimed at cleaning up the country’s banking system.

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.

The government’s proposal to merge three public sector banks evoked mixed response from the investors with Bank of Baroda and Vijaya Bank stocks ending in red, while Dena Bank’s stock, which ...